Is EVgo, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for EVgo, 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 are also showing a mildly bullish stance on both weekly and monthly time frames. However, the KST is bullish weekly but mildly bearish monthly, and the Dow Theory presents a mixed view with a mildly bearish weekly and mildly bullish monthly signal. The On-Balance Volume (OBV) reflects a mildly bearish weekly but mildly bullish monthly trend.
In terms of performance, EVgo has underperformed the S&P 500 across multiple periods, with a 1-week return of -3.29% compared to the S&P 500's 1.92%, and a 1-month return of -12.55% versus 2.32%. Over the past year, EVgo has declined by 54.03%, while the S&P 500 has gained 16.90%. Overall, the current technical stance is mildly bullish, but the significant underperformance against the benchmark suggests caution.