Is nCino, Inc. technically bullish or bearish?

As of 3 October 2025, the technical trend for nCino, Inc. has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view including bearish MACD readings on both weekly and monthly time frames, bearish Bollinger Bands, and a mildly bearish KST and Dow Theory. The daily moving averages are mildly bullish, but this is overshadowed by the overall bearish sentiment in longer time frames. Additionally, nCino has underperformed the S&P 500 across multiple periods, with a year-to-date return of -21.89% compared to the S&P 500's +14.18%.