Is Humacyte, Inc. technically bullish or bearish?

As of 2 September 2025, the technical trend for Humacyte, Inc. has changed from mildly bearish to bearish. The current stance is bearish with strong indicators supporting this view. The MACD is bearish on both weekly and monthly time frames, and the moving averages are bearish on a daily basis. Additionally, the KST and OBV indicators are bearish on both weekly and monthly time frames, while Bollinger Bands and Dow Theory also indicate a mildly bearish sentiment.
In terms of performance, Humacyte has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -64.55% compared to the S&P 500's 12.22%, and a one-year return of -66.48% versus 17.14% for the index.