Is Foxx Development Holdings, Inc. technically bullish or bearish?

As of 1 October 2023, the technical stance for Foxx Development Holdings, Inc. is bearish with moderate strength. The MACD indicates a bearish trend on both weekly and monthly time frames, while Bollinger Bands also show a bearish signal monthly and mildly bearish weekly. The KST is bearish on the weekly, contributing to the overall negative outlook. Although the daily moving averages are mildly bullish, they are overshadowed by the bearish signals from the longer-term indicators. The Dow Theory presents a mixed view with mildly bearish weekly and mildly bullish monthly signals. Additionally, the stock has underperformed significantly compared to the S&P 500 across all observed periods, with a 1-year return of -59.14% versus the S&P 500's 17.14%.