Is Bellevue Life Sciences Acquisition Corp. technically bullish or bearish?

As of 25 August 2025, the technical trend for Bellevue Life Sciences Acquisition Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD is mildly bullish, while the monthly MACD shows no signal. The RSI indicates no signal on the weekly timeframe but is bullish on the monthly. Bollinger Bands are mildly bearish weekly and bearish monthly, and moving averages are bearish on the daily. The KST is bearish weekly with no trend monthly, while the Dow Theory shows a mildly bearish stance weekly and no trend monthly. The OBV is mildly bullish weekly but has no trend monthly.
In terms of performance, the stock has shown a significant 1-week return of 18.79% compared to the S&P 500's 1.05%, and a 1-month return of 28.48% versus the S&P 500's 2.33%. However, year-to-date, the stock is down 93.56%, while the S&P 500 is up 12.22%.