Is International General Insurance Holdings Ltd. technically bullish or bearish?

As of 19 September 2025, the technical trend has changed from sideways to mildly bearish. The weekly MACD is bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands show a bullish stance on the weekly chart and a mildly bullish stance on the monthly chart. However, daily moving averages are bearish, which adds to the bearish sentiment. The KST is bullish weekly but mildly bearish monthly, while the Dow Theory shows no trend in both weekly and monthly time frames. In terms of performance, the stock has underperformed the S&P 500 over the past week and month, with returns of -0.21% and -4.99% compared to 1.22% and 3.95% for the index, respectively. However, it has outperformed the S&P 500 over the past year (25.52% vs. 16.64%) and significantly over the past three and five years. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and the monthly MACD contributing to this outlook.