Is Iovance Biotherapeutics, Inc. technically bullish or bearish?

As of 19 September 2025, the technical trend for Iovance Biotherapeutics, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the daily moving averages and monthly MACD being bearish. The weekly MACD shows a mildly bullish signal, but this is overshadowed by the bearish signals from the Bollinger Bands and KST on a monthly basis. The stock has underperformed significantly compared to the S&P 500 across all multi-period returns, with a year-to-date return of -71.35% versus the S&P 500's 13.31%.