Is Worksport Ltd. technically bullish or bearish?

As of 5 September 2025, the technical trend for Worksport Ltd. has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the daily moving averages are bearish, suggesting short-term weakness. The Bollinger Bands show a mildly bullish signal on the weekly but a mildly bearish signal on the monthly, reflecting mixed signals across time frames. The KST is bullish weekly and mildly bullish monthly, while the Dow Theory indicates a mildly bearish stance on the monthly. Overall, the technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the monthly Dow Theory signal.
In terms of multi-period returns, Worksport has significantly underperformed compared to the S&P 500, with a year-to-date return of -63.15% versus the S&P's 12.22%, and a 3-year return of -84.73% compared to the S&P's 70.41%.