Is Penumbra, Inc. technically bullish or bearish?

Sep 20 2025 07:31 PM IST
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As of September 4, 2025, Penumbra, Inc. shows a mildly bullish technical trend, supported by bullish MACD and KST indicators, despite some bearish signals in daily moving averages and mixed performance compared to the S&P 500.
As of 4 September 2025, the technical trend for Penumbra, Inc. has changed from sideways to mildly bullish. The weekly and monthly MACD indicators are bullish, while the KST shows a mildly bullish stance on the weekly and bullish on the monthly. Dow Theory also supports a mildly bullish outlook in both time frames. However, the daily moving averages indicate a mildly bearish trend, and the OBV is mildly bullish weekly but bearish monthly.

In terms of performance, Penumbra has returned 31.79% over the past year, significantly outperforming the S&P 500's 17.14%, but has lagged behind the index over the 3-year and 5-year periods. Overall, the current technical stance is mildly bullish, driven by the MACD and KST indicators.
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