Is Washington Trust Bancorp, Inc. technically bullish or bearish?

As of 8 September 2025, the technical trend for Washington Trust Bancorp, Inc. has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bullish, suggesting some positive momentum. However, the daily moving averages indicate a mildly bearish trend. The Bollinger Bands are bullish on both weekly and monthly time frames, which supports the potential for upward movement.
In terms of performance, the stock has returned 1.91% over the past week and 6.59% over the past month, outperforming the S&P 500, which returned 1.05% and 2.33% respectively. However, the year-to-date return is -3.06%, significantly lagging behind the S&P 500's 12.22%. Over longer periods, the stock has underperformed the benchmark, with a 1-year return of -7.49% compared to the S&P 500's 17.14%. Overall, while there are some bullish indicators, the mixed signals and underperformance over longer periods suggest a cautious approach.