Is Concord Acquisition Corp. II technically bullish or bearish?

As of 11 March 2025, the technical trend for Concord Acquisition Corp. II has changed from bullish to mildly bullish. The stock is currently priced at 11.42, up from a previous close of 10.61. Over the past week, the stock has returned 7.63%, outperforming the S&P 500's 1.05%. However, on a year-to-date basis, the stock's return of 8.66% lags behind the S&P 500's 12.22%. Overall, the current stance is mildly bullish, driven by recent price action and the short-term performance relative to the benchmark.