Is Marathon Digital Holdings, Inc. technically bullish or bearish?

As of 12 September 2025, the technical trend for Marathon Digital Holdings, Inc. has changed from mildly bearish to sideways. The current stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is bullish, while the monthly MACD is bearish. The daily moving averages are bullish, but the KST and Dow Theory show mild bearishness on both weekly and monthly time frames. The Bollinger Bands indicate a bullish weekly trend but are sideways monthly.
In terms of performance, Marathon Digital has outperformed the S&P 500 over the past week and month, with returns of 17.76% and 14.98% respectively, compared to the S&P 500's 1.05% and 2.33%. However, year-to-date, it lags behind the S&P 500 with a return of 10.32% versus 12.22%. Overall, the mixed signals suggest a cautious approach.