Is Ovid Therapeutics, Inc. technically bullish or bearish?

As of 3 September 2025, the technical trend for Ovid Therapeutics, Inc. has changed from mildly bullish to bullish. The current stance is bullish, supported by a bullish MACD on the weekly chart and a bullish daily moving average. The KST is also bullish on the weekly timeframe. However, the monthly MACD is only mildly bullish, and the Bollinger Bands indicate a bearish stance on the monthly level. The Dow Theory presents a mixed view with a mildly bearish weekly signal and a mildly bullish monthly signal.
In terms of performance, Ovid Therapeutics has shown a strong 30.79% return over the past month, significantly outperforming the S&P 500, which returned 2.33% in the same period. However, over longer periods, the stock has underperformed the benchmark, particularly over 3 years and 5 years, with returns of -41.35% and -81.76%, respectively, compared to the S&P 500's gains.