Is Enovis Corp. technically bullish or bearish?

As of 10 October 2025, the technical trend for Enovis Corp. has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view including a bearish signal from the daily moving averages and consistent bearish readings from both the weekly and monthly Bollinger Bands. The MACD shows a mildly bullish signal on the weekly timeframe but is bearish on the monthly, indicating mixed signals across different periods. The KST is also bearish monthly, while Dow Theory presents a mildly bearish outlook weekly and mildly bullish monthly.
In terms of performance, Enovis Corp. has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -32.34% versus the S&P's 11.41%, and a 5-year return of -46.37% compared to the S&P's 88.45%.