Is Tilray Brands, Inc. technically bullish or bearish?

As of 8 January 2025, the technical trend for Tilray Brands, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include the daily moving averages, which are bearish, and the Dow Theory, indicating a bearish trend on both weekly and monthly time frames. Although the MACD shows mildly bullish signals on both weekly and monthly charts, the overall bearish sentiment is reinforced by the Bollinger Bands and KST, which are bearish on the monthly and weekly time frames, respectively. The stock has significantly underperformed compared to the S&P 500 over various periods, further supporting the bearish outlook.