Is Palomar Holdings, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Palomar Holdings, Inc. has changed from bearish to mildly bearish. The weekly MACD is bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The daily moving averages are bearish, further supporting a cautious stance. The Bollinger Bands show a mildly bearish signal on the weekly chart but are mildly bullish on the monthly chart, suggesting mixed signals across time frames. The Dow Theory indicates a mildly bullish stance weekly but is mildly bearish monthly, adding to the uncertainty. Despite these indicators, the OBV is bullish on both weekly and monthly charts, which is a positive sign.
In terms of performance, Palomar has outperformed the S&P 500 over the past month (3.74% vs. 1.92%) and year (27.00% vs. 19.89%), but it has significantly underperformed over the longer three-year (28.16% vs. 76.66%) and five-year (27.86% vs. 109.18%) periods. Overall, the current technical stance is mildly bearish, with key indicators suggesting caution.