Is Psychemedics Corp. technically bullish or bearish?

As of 11 September 2025, the technical trend for Psychemedics Corp. has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view including a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and bearish signals from Dow Theory. The Bollinger Bands also indicate a mildly bearish trend on the weekly and a bearish trend on the monthly.
In terms of performance, Psychemedics has underperformed the S&P 500 across multiple periods, with a year-to-date return of -5.63% compared to the S&P 500's 12.22%, and a one-year return of -8.88% versus the S&P 500's 17.14%.