Is Fabrinet technically bullish or bearish?

As of 25 August 2025, the technical trend for Fabrinet has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and the Bollinger Bands also indicate bullish momentum in both periods. Daily moving averages are bullish, reinforcing the positive trend. However, the monthly RSI is bearish, which presents a mixed signal. The KST shows a bullish weekly trend but is mildly bearish monthly, and the OBV indicates a mildly bullish stance on both weekly and monthly time frames. Fabrinet has significantly outperformed the S&P 500, with a year-to-date return of 71.92% compared to the S&P 500's 12.22%, and a one-year return of 65.04% versus 17.14%. Overall, the technical indicators suggest a strong bullish outlook for Fabrinet.