Is Nutanix, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for Nutanix, Inc. has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators such as the weekly MACD and KST both showing mildly bearish signals, while the moving averages indicate a mildly bullish trend on the daily timeframe. The RSI shows no signal on both weekly and monthly timeframes. Additionally, the OBV is also mildly bearish.
In terms of performance, Nutanix has underperformed the S&P 500 over the past week and month, with returns of -10.34% and -11.42% compared to -2.43% and 0.31% for the index, respectively. However, it has outperformed the S&P 500 year-to-date with a return of 11.70% versus 11.41%.