Is Granite Ridge Resources, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for Granite Ridge Resources, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength, indicated by a bearish MACD on the monthly timeframe, bearish Bollinger Bands, and bearish moving averages on the daily timeframe. The KST is also bearish across both weekly and monthly periods. Although the Dow Theory shows mildly bearish on the weekly and mildly bullish on the monthly, the overall indicators lean towards a bearish outlook.
In terms of performance, the stock has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -20.12% versus the S&P 500's 11.41%, and a one-year return of -16.23% compared to 13.36% for the index.