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, primarily driven by the daily moving averages and the KST indicators, both indicating bearish momentum. The weekly MACD shows a mildly bullish signal, but this is offset by the monthly bearish indicators in MACD and Bollinger Bands. The stock has underperformed against 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 gains of 12.96% and 15.64%.