Is Forte Biosciences, Inc. technically bullish or bearish?

As of 8 September 2025, the technical trend for Forte Biosciences, Inc. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend, while weekly KST and OBV are also mildly bearish. Although the MACD is bullish on a weekly basis and mildly bullish on a monthly basis, the overall sentiment is tempered by the bearish indicators. The stock has shown strong short-term performance with a 26.29% return over the past week, significantly outperforming the S&P 500's 1.05%, but it remains down 41.83% year-to-date compared to the S&P's 12.22%.