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

As of 19 September 2025, the technical trend for Establishment Labs Holdings, Inc. has changed from mildly bullish to sideways. The current stance is neutral, with mixed indicators influencing this view. The weekly MACD is mildly bearish, while the monthly MACD is mildly bullish. The daily moving averages indicate a bullish trend, but the weekly KST is mildly bearish. The Bollinger Bands show a bullish signal on the weekly timeframe but are mildly bearish on the monthly. Dow Theory suggests a mildly bullish stance on the weekly but indicates no trend on the monthly.
In terms of performance, the stock has outperformed the S&P 500 over the past week with a return of 12.95% compared to 1.22%, but it has underperformed over longer periods, including a year-to-date return of -9.68% versus the S&P 500's 13.31%.