Is Anghami, Inc. technically bullish or bearish?

As of 8 September 2025, the technical trend for Anghami, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the monthly MACD indicating mild bullishness, despite the weekly MACD being bearish. The overall indicators show mixed signals, with the weekly Bollinger Bands and KST both bearish, and the daily moving averages also bearish. The stock has significantly underperformed against the S&P 500 across multiple periods, with a year-to-date return of -61.89% compared to the S&P 500's 12.22%.