Is Selective Insurance Group, Inc. technically bullish or bearish?

As of 24 July 2025, the technical trend for Selective Insurance Group, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both weekly and monthly time frames, and the moving averages are also bearish on a daily basis. Additionally, Bollinger Bands reflect a bearish stance weekly and mildly bearish monthly. The KST and Dow Theory are both bearish weekly and monthly, while the OBV shows a mildly bearish trend weekly and mildly bullish monthly.
In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -16.27% compared to the S&P 500's 12.22%, and a one-year return of -14.78% versus 17.14% for the benchmark.