Is Immunovant, Inc. technically bullish or bearish?

As of 26 September 2025, the technical trend for Immunovant, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, with key indicators such as the weekly MACD showing a mildly bullish signal, while the monthly MACD remains bearish. The daily moving averages are also mildly bearish, and both the KST and OBV indicate bearish trends on a weekly and monthly basis. The Bollinger Bands suggest a bullish outlook on the weekly timeframe but are mildly bearish on the monthly.
In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 9.81% and 7.63% respectively, but it has significantly underperformed on a year-to-date and one-year basis, with declines of -34.48% and -42.67%. Overall, the technical indicators reflect a cautious outlook despite some short-term strength.