Is AltEnergy Acquisition Corp. technically bullish or bearish?
As of June 11, 2025, the technical trend is mildly bearish, indicated by daily moving averages and Dow Theory, despite mixed signals from the weekly and monthly MACD and a mildly bullish stance from Bollinger Bands.
As of 11 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. Additionally, both the weekly and monthly Dow Theory indicate a bearish outlook. Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, but this is overshadowed by the overall bearish signals from moving averages and Dow Theory.
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