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 and OBV are bullish, while the monthly MACD and KST are bearish. The RSI shows no signal on the weekly timeframe but is bullish monthly. Moving averages indicate a mildly bearish stance on the daily timeframe. Dow Theory supports a mildly bullish outlook on both weekly and monthly timeframes.
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 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 technical stance is mildly bullish.