Is Volcon, Inc. technically bullish or bearish?

As of 8 August 2025, the technical trend for Volcon, Inc. has changed from mildly bearish to mildly bullish. The weekly MACD and Dow Theory indicate a mildly bullish stance, while the monthly MACD is also mildly bullish and the monthly RSI is bullish. However, the daily moving averages remain bearish, and the Bollinger Bands are sideways on the weekly timeframe.
In terms of performance, the stock has returned 8.26% over the past week compared to a 1.05% return for the S&P 500, but it has significantly underperformed over longer periods, with a year-to-date return of -77.89% versus the S&P 500's 12.22%. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Dow Theory indicators.