Is Dermata Therapeutics, Inc. technically bullish or bearish?

As of 6 August 2025, the technical trend for Dermata Therapeutics, Inc. has changed from mildly bearish to mildly bullish. The MACD is mildly bullish on both weekly and monthly time frames, while the KST also shows a mildly bullish stance in the same periods. However, the moving averages indicate a bearish trend on the daily chart, and both the Bollinger Bands and Dow Theory are bearish on the monthly time frame. The RSI shows no signal on both weekly and monthly charts.
In terms of performance, the stock has significantly underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -57.56% versus the S&P 500's 12.22%, and a one-year return of -74.53% compared to 17.14% for the index. Overall, the current technical stance is mildly bullish, but the strength is tempered by bearish indicators in other metrics.