Is Ares Acquisition Corp. II technically bullish or bearish?

Jun 25 2025 09:20 AM IST
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As of April 8, 2025, the trend is bullish overall, but mixed signals from weekly indicators suggest a cautious outlook due to some bearish signs.
As of 8 April 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish, albeit with mixed signals regarding strength. The weekly MACD is mildly bearish, while the monthly MACD shows no trend. The weekly RSI is bearish, contrasting with the monthly RSI which is bullish. Bollinger Bands indicate a mildly bullish stance on both weekly and monthly time frames. Daily moving averages are mildly bullish, and while the weekly KST is mildly bearish, the monthly KST shows no trend. Dow Theory indicates a bullish monthly trend, supported by a bullish monthly OBV. Overall, the bullish trend is tempered by some bearish indicators in the weekly timeframe, suggesting a cautious bullish outlook.
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