Is Elevation Oncology, Inc. technically bullish or bearish?

As of 5 June 2025, the technical trend for Elevation Oncology, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, with key indicators showing mixed signals. The MACD is mildly bullish on both weekly and monthly time frames, while the RSI is bullish on a monthly basis but shows no signal weekly. However, moving averages indicate a mildly bearish trend daily, and Dow Theory confirms a bearish stance on both weekly and monthly levels. Additionally, the stock has underperformed significantly compared to the S&P 500, with a year-to-date return of -35.12% versus the S&P 500's 12.22%, and a one-year return of -85.74% compared to 17.14% for the index.