Is Ermenegildo Zegna NV technically bullish or bearish?

As of 10 October 2025, the technical trend for Ermenegildo Zegna NV has changed from bullish to mildly bullish. The weekly MACD is bullish while the monthly MACD is mildly bullish, indicating a positive momentum. The daily moving averages also support a bullish stance. However, the Bollinger Bands show a mildly bullish signal on the weekly chart but are bearish on the monthly chart, suggesting mixed signals. The KST is mildly bearish on the weekly but mildly bullish on the monthly, and the Dow Theory indicates a mildly bullish trend for both time frames.
In terms of performance, the stock has underperformed compared to the S&P 500 over the past year, with a return of -0.34% versus the benchmark's 13.36%, and significantly underperformed over the last three years with a return of -19.63% compared to 81.39% for the S&P 500. Overall, the current technical stance is mildly bullish, driven by the weekly MACD and daily moving averages, despite some mixed signals from other indicators.