Is Ares Acquisition Corp. II technically bullish or bearish?

As of 24 October 2025, the technical trend for Ares Acquisition Corp. II has changed from mildly bearish to bearish. The current stance is bearish with weak strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. The Bollinger Bands also indicate a mildly bearish trend on both weekly and monthly periods. Although the monthly RSI shows a bullish signal, it is overshadowed by the overall bearish indicators. The stock has underperformed compared to the S&P 500, with a year-to-date return of -23.68% versus the S&P 500's +15.47%.