Is Ranpak Holdings Corp. technically bullish or bearish?

As of 1 July 2025, the technical trend for Ranpak Holdings Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD is mildly bullish on a weekly basis but bearish monthly, while the RSI shows no signal in both time frames. Bollinger Bands indicate a bullish weekly trend but bearish monthly. Moving averages are mildly bearish on a daily basis. The KST is bullish weekly but bearish monthly, and the OBV is bullish weekly with no trend monthly. In terms of performance, the stock has returned 19.86% over the past month compared to the S&P 500's 2.33%, but it has underperformed significantly year-to-date with a return of -24.56% versus the S&P 500's 12.22%.