Is InflaRx NV technically bullish or bearish?

As of 8 September 2025, the technical trend for InflaRx NV has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating bearishness, and weekly Dow Theory also showing a mildly bearish outlook. While the MACD is mildly bullish on both weekly and monthly timeframes, the overall sentiment is tempered by the bearish signals from Bollinger Bands and KST on the monthly timeframe. The stock has underperformed significantly against the S&P 500, with a year-to-date return of -44.53% compared to the S&P 500's 12.22%, highlighting its weak performance over multiple periods.