Is ReShape Lifesciences, Inc. technically bullish or bearish?

As of 27 May 2025, the technical trend for ReShape Lifesciences, Inc. has changed from sideways to mildly bearish. The current stance is bearish, driven by daily moving averages indicating bearishness and weekly Bollinger Bands also showing a bearish signal. While the MACD is mildly bullish on both weekly and monthly time frames, the overall sentiment is tempered by the Dow Theory and KST both indicating a mildly bearish stance on a weekly basis. The RSI shows no signal on the weekly chart but is bullish on the monthly chart, suggesting some divergence in momentum.
In terms of performance, the stock has significantly underperformed compared to the S&P 500 across all periods, with a year-to-date return of -98.52% versus the S&P 500's 12.22%.