Is PROCEPT BioRobotics Corp. technically bullish or bearish?

As of 31 October 2025, the technical trend for PROCEPT BioRobotics Corp. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the MACD being bearish on both weekly and monthly time frames, and moving averages also showing a bearish signal on the daily. The Bollinger Bands are bearish on both weekly and monthly, while the KST presents a mixed view with a bearish weekly and bullish monthly. The RSI shows a bullish signal on the weekly but no signal on the monthly, indicating some short-term strength. However, the overall sentiment is bearish, supported by the Dow Theory which is mildly bullish weekly but mildly bearish monthly.
In terms of performance, the stock has underperformed significantly compared to the S&P 500, with a year-to-date return of -57.74% versus the S&P 500's 16.30%, and a one-year return of -62.19% compared to 19.89% for the index.