Is Acacia Research Corp. technically bullish or bearish?

As of 6 August 2025, the technical trend for Acacia Research Corp. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators: the MACD is bearish on both weekly and monthly time frames, moving averages are bearish on the daily chart, and the KST is bearish across both weekly and monthly periods. Additionally, Bollinger Bands indicate a bearish trend on the monthly level. The Dow Theory shows a mildly bearish stance on the weekly chart, while the OBV presents a mildly bullish signal on the weekly but is mildly bearish on the monthly.
In terms of performance, the stock has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -21.66% versus the S&P 500's 12.22%, and a one-year return of -27.51% compared to 17.14% for the index.