Is enVVeno Medical Corp. technically bullish or bearish?

As of 3 September 2025, the technical trend for enVVeno Medical Corp. has changed from sideways to mildly bearish. The current stance is bearish overall, with key indicators supporting this view including bearish MACD readings on both weekly and monthly time frames, bearish moving averages on a daily basis, and bearish signals from Dow Theory and KST. While the weekly and monthly RSI readings are bullish, they are overshadowed by the overall bearish trend. The stock has significantly underperformed compared to the S&P 500, with a 1-month return of -81.29% versus 2.33% for the index, and a 1-year return of -81.67% compared to 17.14% for the S&P 500.