Is New Concept Energy, Inc. technically bullish or bearish?

As of 28 August 2025, the technical trend for New Concept Energy, Inc. has changed from bearish to mildly bearish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating some positive momentum. However, the daily moving averages are mildly bearish, and the KST shows a bearish stance on the monthly timeframe. The Bollinger Bands reflect a mildly bullish outlook weekly but are mildly bearish monthly, suggesting mixed signals. Overall, the Dow Theory indicates a mildly bullish trend weekly but a mildly bearish trend monthly.
In terms of performance, the company has underperformed the S&P 500 across multiple periods, with a year-to-date return of -6.04% compared to the S&P 500's 12.22%, and a one-year return of -7.63% versus 17.14% for the index. This underperformance highlights the challenges faced by the stock despite some short-term bullish indicators.