Is SPS Commerce, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for SPS Commerce, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication from the MACD, which is bearish on both weekly and monthly time frames. The daily moving averages also confirm a bearish trend. While the weekly RSI shows bullish momentum, it is not enough to offset the overall bearish signals from other indicators, including the KST and Bollinger Bands, which are both bearish on weekly and monthly time frames.
In terms of performance, SPS Commerce has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -55.92% compared to the S&P 500's 16.30%, and a one-year return of -51.28% versus 19.89% for the index.