Is Alta Equipment Group, Inc. technically bullish or bearish?
As of May 22, 2025, Alta Equipment Group, Inc. exhibits a mildly bearish trend, with daily moving averages and monthly indicators suggesting bearish sentiment, despite some mildly bullish signals from the weekly MACD and KST.
As of 22 May 2025, the technical trend for Alta Equipment Group, Inc. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD and KST show mildly bullish signals, the overall monthly indicators, including MACD and Bollinger Bands, remain bearish or mildly bearish. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, the mixed signals suggest a cautious approach, with bearish tendencies prevailing.
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