Is Andretti Acquisition Corp. technically bullish or bearish?
As of September 5, 2025, Andretti Acquisition Corp. shows a mildly bullish technical trend, with positive indicators like the MACD and RSI, but has significantly underperformed the S&P 500, posting a YTD return of -85.41%.
As of 5 September 2025, the technical trend for Andretti Acquisition Corp. has changed from sideways to mildly bullish. The weekly MACD and KST are both mildly bullish, while the RSI is bullish on both weekly and monthly time frames. However, the daily moving averages indicate a mildly bearish stance. The Bollinger Bands show a sideways trend on the weekly and mildly bearish on the monthly. Despite the current bullish indicators, the stock has significantly underperformed compared to the S&P 500, with a YTD return of -85.41% versus the S&P's 12.22%, and a 1-year return of -95.71% compared to the S&P's 17.14%. Overall, the current technical stance is mildly bullish, but the long-term performance remains concerning.
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