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

As of 31 October 2025, the technical trend for Establishment Labs Holdings, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating some positive momentum. The Bollinger Bands show a mildly bullish stance on the weekly chart and a bullish stance on the monthly chart. Moving averages on the daily timeframe are bullish, suggesting short-term strength. However, the KST is mildly bearish on the weekly and bearish on the monthly, which introduces some caution. The Dow Theory indicates a mildly bullish trend in both weekly and monthly perspectives.
In terms of performance, the stock has underperformed the S&P 500 over the past week and year-to-date, but it has outperformed the index over the past month. Overall, the current technical stance is mildly bullish, driven by the positive signals from MACD and Bollinger Bands, despite some bearish indicators from KST and OBV.