Is ACRES Commercial Realty Corp. technically bullish or bearish?
As of January 11, 2024, ACRES Commercial Realty Corp. shows a bullish trend overall, supported by a positive monthly MACD and mildly bullish daily moving averages, though mixed signals from the weekly MACD and Bollinger Bands suggest some short-term weakness.
As of 11 January 2024, the technical trend for ACRES Commercial Realty Corp. has changed from mildly bullish to bullish. The monthly MACD is bullish, supporting a positive outlook, while the weekly MACD is mildly bearish, indicating some short-term weakness. The daily moving averages are mildly bullish, suggesting upward momentum in the near term. However, the weekly Bollinger Bands and KST are bearish, which may temper the overall bullish sentiment. The Dow Theory shows a mildly bearish stance on the weekly timeframe but is mildly bullish on the monthly. Overall, the current technical stance is bullish, but with mixed signals, indicating moderate strength.
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