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, driven by the daily moving averages and the KST, which are both bearish. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals across time frames. The Bollinger Bands show a bullish signal on the weekly but a mildly bearish signal on the monthly, further contributing to the overall mildly bearish outlook.
In terms of performance, the stock has underperformed the S&P 500 year-to-date and over the past year, with returns of -34.48% and -42.67%, respectively, compared to the S&P 500's 12.96% and 15.64%. However, it has significantly outperformed the benchmark over the past three years with a return of 259.07% versus 81.77%.