Is Rivian Automotive, Inc. technically bullish or bearish?

As of 3 October 2025, the technical trend for Rivian Automotive, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating some positive momentum. The daily moving averages are bullish, supporting a short-term positive outlook. However, the weekly KST is mildly bearish and the monthly KST is bearish, suggesting caution. The Bollinger Bands are sideways on the weekly chart but mildly bullish on the monthly, indicating potential for upward movement. The OBV shows a mildly bullish stance on the monthly timeframe, but there is no clear trend in the Dow Theory for both weekly and monthly periods.
In terms of returns, Rivian has underperformed the S&P 500 over the last week and month, with returns of -11.48% and -5.0% compared to the S&P 500's gains of 1.09% and 4.15%, respectively. However, over the past year, Rivian has outperformed the S&P 500 with a return of 29.31% versus 17.82%. Overall, the current technical stance is mildly bullish, but with mixed signals suggesting caution.