Is Shoe Carnival, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Shoe Carnival, Inc. has changed from bearish to mildly bearish. The weekly and monthly MACD indicators are both bearish, and the Bollinger Bands also indicate a bearish stance across both time frames. The daily moving averages are bearish, while the KST shows a mildly bearish signal on the weekly but remains bearish monthly. Dow Theory indicates no trend in both weekly and monthly assessments, and the OBV shows no trend as well.
The stock has significantly underperformed compared to the S&P 500, with a year-to-date return of -48.61% versus the S&P 500's 16.30%, and a one-year return of -50.22% compared to 19.89% for the index. Overall, the technical stance is mildly bearish, reflecting weakness across multiple indicators.