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 weak strength indicated by the daily moving averages and the weekly KST being bearish. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, suggesting mixed signals across time frames. The Bollinger Bands are bearish on the weekly and mildly bearish on the monthly. Additionally, the Dow Theory indicates a mildly bearish trend on the weekly and mildly bullish on the monthly, further complicating the outlook.
In terms of performance, Northern Oil & Gas has underperformed the S&P 500 across multiple periods, with a year-to-date return of -32.62% compared to the S&P 500's 14.18%, and a one-year return of -35.93% versus the S&P 500's 17.82%.