Is Liminatus Pharma, Inc. technically bullish or bearish?

As of 1 October 2023, the technical trend for Liminatus Pharma, Inc. is bearish. Key indicators driving this stance include bearish signals from the MACD on both weekly and monthly time frames, bearish Bollinger Bands, and bearish moving averages on the daily chart. Additionally, the KST and Dow Theory also indicate bearish trends on both weekly and monthly levels. The OBV shows a mildly bearish stance on the weekly but no trend on the monthly. The stock has significantly underperformed against the S&P 500, with a year-to-date return of -88.5% compared to the S&P 500's 12.22%.