Is Abpro Holdings, Inc. technically bullish or bearish?
As of October 1, 2023, Abpro Holdings, Inc. has a bearish technical stance with mixed signals from MACD and RSI, and has underperformed the S&P 500 significantly, showing a year-to-date return of -88.83%.
As of 1 October 2023, the technical stance for Abpro Holdings, Inc. is bearish, with a weak overall strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating mixed signals. The RSI shows no signal on the weekly timeframe but is bullish monthly, suggesting potential upward momentum that is not currently confirmed. Bollinger Bands and moving averages are bearish, with daily moving averages indicating a bearish trend. Dow Theory reflects a mildly bearish stance on the monthly timeframe. In terms of performance, the stock has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -88.83% compared to the S&P 500's 12.22%.
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