Is Illumina, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Illumina, Inc. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, and the monthly MACD is mildly bullish, supporting the positive outlook. Additionally, the Bollinger Bands indicate a mildly bullish stance on both weekly and monthly time frames. The daily moving averages are bullish, further reinforcing the upward momentum. However, the KST shows a mildly bearish signal on the weekly and bearish on the monthly, which introduces some caution. Dow Theory also supports a mildly bullish view on both time frames.
In terms of performance, Illumina's stock has returned 19.57% over the past week and 17.50% over the past month, significantly outperforming the S&P 500, which returned 0.71% and 1.92% respectively. However, the longer-term returns are concerning, with a year-to-date return of -10.21% and a one-year return of -19.88%, both underperforming the S&P 500.

Overall, the current technical stance is mildly bullish, but caution is warranted due to mixed signals from some indicators and poor long-term performance relative to the benchmark.