Is Public Storage technically bullish or bearish?

As of 22 August 2025, the technical trend for Public Storage has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several indicators: the MACD is mildly bullish on a weekly basis but bearish monthly, while the Bollinger Bands and KST are bearish across both time frames. The moving averages are bearish on a daily basis, and Dow Theory indicates a mildly bearish trend on both weekly and monthly scales.
In terms of performance, Public Storage has underperformed the S&P 500 across multiple periods, with a year-to-date return of -5.23% compared to the S&P 500's 12.22%, and a one-year return of -21.33% versus the S&P 500's 17.14%.