Is Alternus Clean Energy, Inc. technically bullish or bearish?
As of April 28, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly KST, despite some mildly bullish signals from the MACD and a neutral RSI indicating a lack of momentum.
As of 28 April 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly KST being bearish. While the MACD shows mildly bullish signals on both weekly and monthly time frames, the overall indicators, including Bollinger Bands and Dow Theory, lean towards bearish sentiment. The RSI shows no signal, suggesting a lack of momentum in either direction.
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