Is Southport Acquisition Corp. technically bullish or bearish?

As of 10 September 2025, the technical trend for Southport Acquisition Corp. has changed from bullish to mildly bullish. The weekly MACD and KST indicators are bullish, while the monthly MACD, RSI, and KST also show bullish signals. However, the Bollinger Bands indicate a bearish stance on both weekly and monthly time frames, and the moving averages are mildly bullish on a daily basis. The Dow Theory shows a bearish trend on the weekly chart with no trend on the monthly chart.
In terms of performance, Southport Acquisition Corp. has significantly underperformed the S&P 500 across multiple periods, with a 1-year return of -35.89% compared to the S&P 500's 17.14%. Overall, the current technical stance is mildly bullish, but the strength is tempered by bearish signals in Bollinger Bands and Dow Theory.