Is Surmodics, Inc. technically bullish or bearish?

As of 29 August 2025, the technical trend for Surmodics, Inc. has changed from mildly bearish to mildly bullish. The weekly MACD and Bollinger Bands indicate bullish momentum, while the monthly indicators show bearish signals. The daily moving averages are mildly bullish, suggesting some positive short-term sentiment. However, the Dow Theory presents a mixed view with weekly mildly bearish and monthly mildly bullish signals. Overall, the stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.
In terms of performance, Surmodics has underperformed the S&P 500 across multiple periods, with a year-to-date return of -18.64% compared to the S&P 500's 12.22%.