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

As of 3 October 2025, the technical trend for Northern Oil & Gas, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the daily moving averages and the weekly KST being bearish. The MACD shows a mildly bullish signal on the weekly timeframe but is bearish on the monthly, which adds to the mixed signals. The Bollinger Bands are bearish on the weekly and mildly bearish on the monthly, while the Dow Theory indicates a mildly bearish stance on the weekly and mildly bullish on the monthly.
In terms of performance, the stock has significantly underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -32.62% versus the S&P 500's 14.18%, and a one-year return of -35.93% compared to 17.82% for the index.