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 the daily moving averages and the weekly KST being bearish. The MACD shows a mildly bullish signal on the weekly timeframe but remains bearish on the monthly. The Dow Theory indicates a mildly bullish trend on both weekly and monthly timeframes, which provides some support. In terms of performance, Confluent has outperformed the S&P 500 over the past week and month, with returns of 5.72% and 9.93% compared to 1.09% and 4.15% for the index, respectively. However, year-to-date and longer-term returns are significantly negative compared to the S&P 500.