Is M3-Brigade Acquisition III Corp. technically bullish or bearish?

As of 22 August 2025, the technical trend for M3-Brigade Acquisition III Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD is mildly bullish, while the monthly MACD remains bearish. The Bollinger Bands indicate a bullish signal on the weekly timeframe but bearish on the monthly. Daily moving averages are mildly bearish, and the Dow Theory shows a mildly bearish stance on the weekly and mildly bullish on the monthly.
In terms of performance, the stock has outperformed the S&P 500 over the last week and month, returning 8.42% and 12.2% respectively, while it has significantly underperformed over longer periods, with a year-to-date return of -27.05% compared to the S&P 500's 12.22%.