Is CID Holdco, Inc. technically bullish or bearish?

As of October 1, 2023, CID Holdco, Inc. has a bearish technical stance with moderate strength, indicated by negative MACD trends and moving averages, while significantly underperforming the S&P 500 with a year-to-date decline of 69.54%.

As of 1 October 2023, the technical stance for CID Holdco, Inc. is bearish with moderate strength. The MACD indicates a bearish trend on both the weekly and monthly time frames, while the moving averages are also bearish on the daily. Bollinger Bands and KST confirm a bearish outlook on the weekly and monthly levels, and Dow Theory shows a mildly bearish stance. The OBV presents a mixed signal, being mildly bearish weekly but bullish monthly. <BR><BR>In terms of performance, CID Holdco has significantly underperformed the S&P 500 across all multi-period returns, with a year-to-date decline of 69.54% compared to the S&P 500's gain of 12.22%.