Is Okta, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for Okta, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the weekly MACD and Bollinger Bands both showing bearish signals. The monthly MACD is mildly bullish, but this is offset by a bearish RSI and a mildly bearish Dow Theory on the monthly timeframe. Daily moving averages also confirm a bearish trend.
In terms of performance, Okta has outperformed the S&P 500 year-to-date and over the past year, with returns of 14.39% and 16.55% respectively, compared to the S&P 500's 11.41% and 13.36%. However, over longer periods, such as 3 years and 5 years, Okta has underperformed the benchmark.