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 neutral, with mixed signals across various indicators. The MACD is mildly bearish on both weekly and monthly time frames, while the Bollinger Bands also indicate a bearish trend. The moving averages show a mildly bullish signal on the daily chart, contrasting with the weekly Dow Theory, which is mildly bearish.
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. Overall, the technical indicators suggest a cautious outlook for the stock.