Is Borealis Foods, Inc. technically bullish or bearish?

As of 18 July 2025, the technical trend for Borealis Foods, Inc. has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view. The MACD is bearish on a monthly basis, while the moving averages are bearish on a daily timeframe. The Bollinger Bands and KST also indicate bearish conditions on both weekly and monthly charts. Although the RSI shows bullish signals on both weekly and monthly periods, the overall trend remains bearish due to the prevailing indicators.
In terms of performance, Borealis Foods has significantly underperformed compared to the S&P 500, with a year-to-date return of -55.90% versus the S&P 500's 12.22%, and a one-year return of -59.60% compared to 17.14% for the index.