Is Red Cat Holdings, Inc. technically bullish or bearish?

As of 11 September 2025, the technical trend for Red Cat Holdings, Inc. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view, including bullish MACD readings on both weekly and monthly time frames, and bullish moving averages on the daily chart. The Bollinger Bands indicate a bullish trend on the monthly level, while the KST also shows bullish momentum in both weekly and monthly assessments. However, Dow Theory presents a mixed signal with a mildly bullish weekly stance contrasted by a mildly bearish monthly outlook.
In terms of performance, the stock has experienced a significant 1-year return of 246.21%, outperforming the S&P 500's 17.14%, and an impressive 5-year return of 1256.76% compared to the S&P 500's 96.61%. Despite recent short-term weakness, the overall technical indicators suggest a strong bullish sentiment.