Is Abits Group, Inc. technically bullish or bearish?

Sep 20 2025 08:16 PM IST
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As of September 12, 2025, Abits Group, Inc. has a mildly bearish trend, with mixed technical indicators and significant underperformance compared to the S&P 500, showing a year-to-date return of -46.68% versus the S&P's 12.22%.
As of 12 September 2025, the technical trend for Abits Group, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, with key indicators such as the daily moving averages indicating a bearish sentiment, while the weekly MACD and OBV show a mildly bullish trend. The Bollinger Bands present a mixed signal, being bullish on the weekly but mildly bearish on the monthly. The KST is bearish on the monthly, contributing to the overall mildly bearish outlook.

In terms of performance, the stock has significantly underperformed compared to the S&P 500 over longer periods, with a year-to-date return of -46.68% versus the S&P's 12.22%, and a three-year return of -66.30% compared to the S&P's 70.41%.
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