Is Trio Petroleum Corp. technically bullish or bearish?

As of 24 June 2025, the technical trend for Trio Petroleum Corp. has changed from sideways to mildly bearish. The key indicators driving this stance include a bearish signal from the daily moving averages and a bearish outlook from both the weekly and monthly Bollinger Bands. The MACD shows a mildly bullish signal on the weekly timeframe, but there are no signals from the RSI. Dow Theory indicates a mildly bearish trend on both weekly and monthly bases. Additionally, the stock has underperformed significantly against the S&P 500, with a year-to-date return of -13.22% compared to the S&P's 12.22% and a one-year return of -72.77% versus the S&P's 17.14%. Overall, the technical stance is mildly bearish.