Is Northern Oil & Gas, Inc. technically bullish or bearish?

As of 19 September 2025, the technical trend for Northern Oil & Gas, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish, with key indicators such as the MACD, Bollinger Bands, and KST all showing bearish signals on both weekly and monthly time frames. The daily moving averages also confirm a bearish trend. The Dow Theory indicates a mildly bullish stance on the weekly but shows no trend on the monthly, suggesting mixed signals.
In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -32.56% compared to the S&P 500's 13.31%, and a one-year return of -32.72% versus 16.64% for the benchmark.