Is CONMED Corp. technically bullish or bearish?

As of 1 August 2025, the technical trend for CONMED Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD shows a mildly bullish signal on the weekly timeframe but remains bearish on the monthly. The RSI indicates no signal on both weekly and monthly timeframes. Bollinger Bands and moving averages are bearish, while KST shows a mildly bullish signal weekly but is bearish monthly. Dow Theory presents a mildly bearish stance weekly and mildly bullish monthly. In terms of performance, CONMED has significantly underperformed the S&P 500 across all multi-period returns, with a year-to-date return of -24.87% compared to the S&P 500's 12.22%, and a one-year return of -32.35% against the S&P 500's 17.14%.