Is OmniLit Acquisition Corp. technically bullish or bearish?

As of 22 August 2025, the technical trend for OmniLit Acquisition Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, with key indicators such as the daily moving averages indicating a bearish sentiment, while the weekly MACD and Dow Theory show a mildly bullish outlook. The Bollinger Bands present a mixed view with weekly mildly bullish and monthly bearish signals.
In terms of performance, the stock has underperformed compared to the S&P 500 across multiple periods, notably with a year-to-date return of -37.7% versus the S&P 500's 12.22%.