It has not made a new low since 16 November. (To me this looks like the longest period I can make that comment since May 2006. )
Of course it has not made a higher high or a higher low so all I can say with certainty is that it MAY have bottomed... A close above 8p would suggest the downtrend has stopped.
The daily range has narrowed..as have Bollinger Bands... so it's either
going sideways
up
or
down:-)