Is Adecoagro SA technically bullish or bearish?

As of 19 August 2025, the technical trend for Adecoagro SA 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 daily, and the KST is bearish on both weekly and monthly as well. Bollinger Bands show a bearish signal monthly and mildly bearish weekly. The Dow Theory and OBV also indicate a mildly bearish trend on the weekly and monthly time frames. In terms of performance, Adecoagro SA has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -14.63% versus the S&P 500's 12.22%, and a one-year return of -28.76% compared to the S&P 500's 17.14%.