Is Phunware, Inc. technically bullish or bearish?

As of 2 September 2025, the technical trend for Phunware, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the daily moving averages and the KST on a weekly basis. The MACD shows mildly bullish signals on both weekly and monthly time frames, but this is overshadowed by the bearish signals from the Bollinger Bands and the KST. Additionally, the Dow Theory indicates a mildly bullish weekly trend but a mildly bearish monthly trend.
In terms of performance, Phunware has underperformed significantly compared to the S&P 500, with a year-to-date return of -44.62% versus the S&P's 12.22%, and a staggering -96.85% over three years compared to the S&P's 70.41%.