Phisix - Where is it going?

It would seem to be turning sideways. But looking at a 5-year view, it would be different:




Based on long term trending, it is clear that the overall market trend is downwards. Bollinger bands (top image, uppermost window) however seems to signal a firming up. This signals a strength that may indicate an uptrend in the short term, given enough fuel that is.Relative Strength Index (RSI) is still in its downtrend. It is also still far from oversold levels (usually pegged at 20). Hence, if it continues in its downtrend, it will go farther down.MACD is still downtrend.Stochastic clearly paints a dismal figure.Technical analysis signals our exit from the market. It remains to consider things from fundamentals side. My whole porftolio was sold way back during the first signal of downtrend, except for Manila Water Corporation (MWC). I think it will also give way this week.