Is Pono Capital Two, Inc. technically bullish or bearish?

As of 5 September 2025, the technical trend for Pono Capital Two, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish outlook, while weekly MACD and KST show mild bullishness. Bollinger Bands on a weekly basis are bullish, but monthly indicators are leaning towards bearish. The Dow Theory indicates no trend on a weekly basis and mildly bearish on a monthly basis.
In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 3.56% and 9.67% respectively, compared to the S&P 500's 1.05% and 2.33%. However, the year-to-date and one-year returns are significantly negative at -16.37% and -39.3%, contrasting sharply with the S&P 500's positive returns of 12.22% and 17.14%.