Is NexImmune, Inc. technically bullish or bearish?

As of 28 February 2025, the technical trend for NexImmune, Inc. has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. The monthly RSI is bullish, suggesting underlying strength, but the daily moving averages are mildly bearish, which could be a concern in the short term. Overall, the Bollinger Bands are sideways, indicating a lack of volatility in both weekly and monthly time frames.
In terms of performance, the stock has seen a significant decline year-to-date, down 99.83%, compared to a 12.22% gain in the S&P 500. Over the past year, the stock is down 99.98%, while the S&P 500 has returned 17.14%. This stark contrast highlights the stock's severe underperformance relative to the benchmark.