Is Dolby Laboratories, Inc. technically bullish or bearish?

As of 19 September 2025, the technical trend for Dolby Laboratories, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the MACD being bearish on both weekly and monthly time frames, and moving averages also showing a bearish signal on the daily. Bollinger Bands confirm a bearish outlook on the monthly and mildly bearish on the weekly. The KST is bearish weekly but mildly bullish monthly, while the OBV shows a mildly bullish signal weekly but no trend monthly. In terms of performance, Dolby has underperformed the S&P 500 across multiple periods, with a year-to-date return of -8.35% compared to the S&P 500's 13.31%, and a 1-year return of -1.42% versus 16.64% for the index.