Is Confluent, Inc. technically bullish or bearish?

As of 3 October 2025, the technical trend for Confluent, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a mix of indicators: the weekly MACD is mildly bullish, while the monthly MACD remains bearish. The Bollinger Bands and moving averages on the daily and weekly time frames indicate a mildly bearish sentiment. Additionally, the KST is bearish on both weekly and monthly charts, although Dow Theory shows a mildly bullish signal on both time frames.
In terms of performance, Confluent has outperformed the S&P 500 over the past week and month, with returns of 2.58% and 5.56% respectively, but it has significantly underperformed year-to-date and over three years.