Is Arrowroot Acquisition Corp. technically bullish or bearish?

As of 4 August 2025, the technical trend for Arrowroot Acquisition Corp. has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the weekly RSI is bearish, contrasting with the monthly RSI which is bullish. The daily moving averages are bearish, and both the weekly and monthly KST are bearish, suggesting overall weakness. The Bollinger Bands indicate a sideways trend on the weekly timeframe and mildly bearish on the monthly. Dow Theory shows no trend on both weekly and monthly timeframes. The stock has returned -100% over the past month, year, and three years, significantly underperforming the S&P 500, which has returned 2.33%, 17.14%, and 70.41% respectively during those periods. Overall, the current technical stance is mildly bearish with mixed indicators.