Is BYTE Acquisition Corp. technically bullish or bearish?

As of 29 July 2025, the technical trend for BYTE Acquisition Corp. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish daily moving average and bullish Bollinger Bands on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mixed signal with weekly mildly bullish and monthly mildly bearish indicators.
In terms of performance, BYTE has outperformed the S&P 500 over the past week and month, with returns of 24.07% and 11.39% respectively, while it lags behind on a year-to-date basis with a return of -9.42% compared to the S&P 500's 12.22%. Over the past year, BYTE has significantly outperformed the benchmark with a return of 121.48% versus 17.14%.