Is Western Alliance Bancorp. technically bullish or bearish?

As of 10 October 2025, the technical trend for Western Alliance Bancorp. has changed from mildly bullish to sideways. The current stance is bearish, with key indicators supporting this view including a mildly bearish MACD on both weekly and monthly timeframes, bearish Bollinger Bands, and a mildly bearish Dow Theory on the weekly. The daily moving averages are mildly bullish, indicating some short-term strength, but overall, the bearish signals dominate.
In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a 1-week return of -13.63% compared to -2.43% for the index, and a year-to-date return of -10.31% versus 11.41% for the S&P 500.