Is Atlantic Coastal Acquisition Corp. II technically bullish or bearish?

As of 25 August 2025, the technical trend for Atlantic Coastal Acquisition Corp. II has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view including a bearish signal from the daily moving averages and a monthly MACD indicating bearish momentum. The weekly Bollinger Bands and KST also reflect a mildly bearish outlook. Although the monthly RSI shows bullishness, it is overshadowed by the overall bearish signals across other indicators.
In terms of performance, the stock has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -88.83% compared to the S&P 500's 12.22%, and a one-year return of -98.22% versus 17.14% for the index.