Is Cenntro Electric Group Ltd. technically bullish or bearish?

As of 24 July 2025, the technical trend for Cenntro Electric Group Ltd. has changed from mildly bearish to bearish. The current technical stance is bearish, with key indicators supporting this view including a bearish KST on both weekly and monthly time frames, and daily moving averages indicating a mildly bearish trend. While the MACD shows mildly bullish signals on both weekly and monthly charts, the overall sentiment is tempered by the bearish signals from Bollinger Bands and Dow Theory on the monthly timeframe. Cenntro has underperformed significantly compared to the S&P 500, with a year-to-date return of -45.79% versus the S&P 500's 12.22%, and a one-year return of -50.42% compared to 17.14% for the index.