Is Alternus Clean Energy, Inc. technically bullish or bearish?

As of 9 September 2025, the technical trend for Alternus Clean Energy, Inc. has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the weekly Bollinger Bands and Dow Theory are both bearish, and daily moving averages confirm a bearish stance. The monthly RSI is bullish, but the overall indicators suggest a prevailing bearish sentiment.
In terms of performance, the stock has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -99.36% compared to the S&P 500's 12.22%, and a one-year return of -99.89% versus 17.14% for the index. Overall, the technical stance is mildly bearish.