Is Concord Acquisition Corp. III technically bullish or bearish?

As of 13 June 2025, the technical trend for Concord Acquisition Corp. III has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish outlook, while the weekly MACD and KST show mildly bullish signals. The Bollinger Bands present a mixed picture with a bullish weekly signal but a mildly bearish monthly signal. The Dow Theory reflects a mildly bullish weekly stance but is bearish on the monthly timeframe.
In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 11.11% and 37.1% respectively, but it has significantly underperformed over the year and longer periods, with a YTD return of -27.04% compared to the S&P 500's 12.22%.