Is C3is, Inc. technically bullish or bearish?

As of 5 June 2025, the technical trend for C3is, Inc. has changed from sideways to mildly bearish. The current technical stance is bearish, with key indicators driving this conclusion including the daily moving averages indicating a bearish trend, and both the Bollinger Bands showing bearish signals on weekly and monthly time frames. The MACD on a weekly basis is mildly bullish, but this is offset by the overall bearish sentiment from the moving averages and Bollinger Bands. The Dow Theory indicates no trend on a weekly basis but is mildly bullish on a monthly basis, suggesting some conflicting signals. Overall, the strength of the bearish stance is supported by the recent price action, including a significant decline in returns compared to the S&P 500 over various time frames.