Is Dolby Laboratories, Inc. technically bullish or bearish?

As of 9 September 2025, the technical trend for Dolby Laboratories, Inc. has changed from mildly bearish to bearish. The MACD indicators are bearish on both the weekly and monthly time frames, and the daily moving averages also indicate a bearish stance. Bollinger Bands reflect a mildly bearish condition on both weekly and monthly charts. The KST shows a mildly bullish signal on both time frames, but this is overshadowed by the overall bearish indicators. There is no trend indicated by Dow Theory or OBV on either time frame.
In terms of performance, Dolby has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -7.68% versus the S&P 500's 12.22%, and a one-year return of -0.80% compared to 17.14% for the index. Overall, the technical stance is bearish with weak momentum.