Is Xenon Pharmaceuticals, Inc. technically bullish or bearish?

As of 13 May 2025, the technical trend for Xenon Pharmaceuticals, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include the bearish MACD readings on both the weekly and monthly time frames, along with a bearish signal from the daily moving averages. The Bollinger Bands also reflect a bearish condition on the weekly chart and a mildly bearish stance on the monthly chart. Although the KST shows a mildly bullish signal on the weekly, it is overshadowed by the overall bearish trend in other indicators. The stock's recent performance, with a 1-week return of -1.66% compared to the S&P 500's -0.13%, further supports the bearish outlook.