Is Swiftmerge Acquisition Corp. technically bullish or bearish?

As of 1 July 2025, the technical trend for Swiftmerge Acquisition Corp. has changed from mildly bullish to bearish. The current stance is bearish, with key indicators supporting this view including bearish MACD readings on both weekly and monthly time frames, and a bearish signal from daily moving averages. The Bollinger Bands indicate a mildly bearish trend on both weekly and monthly charts. The KST is also bearish across both time frames. The RSI shows a bullish signal on the weekly but no signal on the monthly, indicating mixed momentum.
In terms of performance, the company has underperformed significantly against the S&P 500, with a year-to-date return of -37.17% compared to the S&P's 12.22%, and a one-year return of -61.45% versus the S&P's 17.14%.