Is Perception Capital Corp. II technically bullish or bearish?

As of 21 January 2025, the technical trend for Perception Capital Corp. II has changed from bearish to mildly bearish. The current stance is mildly bearish overall, with key indicators showing mixed signals: the MACD is mildly bullish on both weekly and monthly time frames, while the RSI indicates a bearish monthly trend. Moving averages are mildly bearish on a daily basis, and Bollinger Bands are sideways weekly but mildly bearish monthly. The KST shows a mildly bullish weekly trend but bearish monthly. There is no clear trend according to Dow Theory and OBV. The company has significantly underperformed against the S&P 500, with a year-to-date return of -98.78% compared to the S&P 500's 12.22%.