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. The weekly RSI shows no signal, but the monthly RSI is bullish. Bollinger Bands are bullish on the weekly timeframe but mildly bearish on the monthly. Daily moving averages are mildly bearish, while the weekly and monthly Dow Theory indicators 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 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, driven by the bullish weekly MACD, Dow Theory, and OBV, despite some bearish signals in the monthly indicators and moving averages.