Is Evolent Health, Inc. technically bullish or bearish?

As of 2 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the monthly MACD showing bearish momentum. However, the weekly MACD and KST are mildly bullish, suggesting some short-term strength. The Bollinger Bands on the weekly chart are bullish, which adds a layer of complexity to the overall assessment. The lack of clear signals from the RSI and the mixed signals from the Dow Theory indicate uncertainty in the longer-term trend. Overall, while there are some bullish indicators on shorter time frames, the prevailing sentiment remains mildly bearish.