Is Andretti Acquisition Corp. technically bullish or bearish?
As of June 10, 2025, the technical trend has shifted to mildly bearish, driven by daily moving averages, despite some weekly indicators remaining bullish, with overall monthly signals and poor stock performance reinforcing the bearish outlook.
As of 10 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish signal. While the weekly MACD and RSI remain mildly bullish and bullish respectively, the overall monthly indicators, including Bollinger Bands and Dow Theory, suggest a bearish outlook. The significant decline in stock performance year-to-date and over the past year further supports this bearish sentiment.
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