Is PowerUp Acquisition Corp. technically bullish or bearish?

As of 2 September 2025, the technical trend for PowerUp Acquisition Corp. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly KST also showing mild bearishness. The MACD presents a mixed picture with a mildly bullish signal on the weekly chart but bearish on the monthly. The RSI shows a bullish signal on the monthly but no signal on the weekly, while Bollinger Bands indicate bullishness weekly but bearishness monthly.
In terms of performance, the stock has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -96.17% compared to the S&P 500's 12.22%. Overall, the technical indicators suggest a cautious outlook for PowerUp Acquisition Corp.