Is Greenwave Technology Solutions, Inc. technically bullish or bearish?

As of 25 August 2025, the technical trend for Greenwave Technology Solutions, Inc. has changed from mildly bearish to mildly bullish. The weekly and monthly MACD indicators are both mildly bullish, suggesting some positive momentum. However, the daily moving averages remain bearish, indicating short-term weakness. The Bollinger Bands and KST show mixed signals, with the weekly Bollinger Bands bearish and the monthly KST mildly bullish. Overall, the Dow Theory indicates a bearish monthly trend with no clear weekly trend.
In terms of performance, Greenwave has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -90.80% compared to the S&P's 12.22%, and a staggering -99.98% return over three years versus the S&P's 70.41%. This highlights the ongoing challenges despite the recent shift to a mildly bullish stance.