Is Onto Innovation, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for Onto Innovation, Inc. has changed from sideways to mildly bullish. The weekly MACD is bullish, while the monthly MACD is bearish, indicating mixed signals across time frames. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are bullish weekly but mildly bearish monthly. Daily moving averages are mildly bearish, contrasting with the weekly and monthly Dow Theory, which are both mildly bullish. The On-Balance Volume (OBV) is bullish for both weekly and monthly periods.
In terms of performance, the stock has underperformed the S&P 500 year-to-date and over the past year, with returns of -19.19% and -33.62%, respectively, compared to the S&P 500's gains of 15.47% and 16.90%. However, over the longer term, the stock has significantly outperformed the benchmark, with a 3-year return of 112.46% versus 78.85% for the S&P 500, and a 5-year return of 294.15% compared to 95.99%.

Overall, the current stance is mildly bullish, driven by the positive indicators in the weekly timeframe, despite some bearish signals in the monthly metrics.