Is Movella Holdings, Inc. technically bullish or bearish?

As of 5 August 2025, the technical trend for Movella Holdings, Inc. has changed from mildly bearish to mildly bullish. The weekly and monthly MACD indicators are both mildly bullish, and the RSI readings are bullish for both time frames as well. However, the daily moving averages remain mildly bearish, which suggests some short-term weakness. The KST is mildly bullish on both weekly and monthly charts, while the OBV shows a mildly bullish stance on a monthly basis. The Bollinger Bands indicate a sideways movement in both weekly and monthly periods.
In terms of performance, the stock has seen a staggering 1000% return over the past month, significantly outperforming the S&P 500's 2.33% return, but it remains down 83.5% year-to-date compared to the S&P 500's 12.22%. Overall, the current technical stance is mildly bullish, driven by the positive momentum in MACD and RSI indicators, despite some mixed signals from moving averages and Bollinger Bands.