Is PEDEVCO Corp. technically bullish or bearish?

As of 10 September 2025, the technical trend for PEDEVCO Corp. has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view including a bearish signal from the daily moving averages, a bearish MACD on the monthly timeframe, and bearish readings from the KST on both weekly and monthly periods. The Bollinger Bands also indicate a mildly bearish trend on both weekly and monthly charts.
In terms of performance, PEDEVCO has underperformed significantly compared to the S&P 500, with a year-to-date return of -21.47% versus the S&P 500's 12.22%, and a one-year return of -33.59% compared to the S&P 500's 17.14%.