Is Plum Acquisition Corp. I technically bullish or bearish?

As of 18 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Plum Acquisition Corp. I is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, and the moving averages are also bearish on the daily time frame. Additionally, the KST is bearish on both weekly and monthly charts, while Bollinger Bands indicate a mildly bearish stance on both time frames. The Dow Theory shows a bearish trend on the weekly but no trend on the monthly.
In terms of performance, the stock has significantly underperformed compared to the S&P 500, with a year-to-date return of -83.66% versus the S&P 500's 12.22%, and a one-year return of -94.92% compared to the S&P 500's 17.14%.