Is Establishment Labs Holdings, Inc. technically bullish or bearish?

As of 12 September 2025, the technical trend for Establishment Labs Holdings, Inc. has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bearish, while the monthly MACD is mildly bullish. The daily moving averages are bullish, but the weekly KST and OBV are both mildly bearish. Bollinger Bands show a bullish signal on the weekly but bearish on the monthly.
In terms of performance, the stock has outperformed the S&P 500 over the past week and month, returning 7.25% and 6.01% respectively, but it has significantly underperformed over longer periods, with a year-to-date return of -11.98% compared to the S&P 500's 12.22%. Overall, the mixed indicators suggest a cautious approach as the stock navigates a sideways trend.