Is Ascent Solar Technologies, Inc. technically bullish or bearish?
As of June 17, 2025, the technical trend is mildly bearish, with daily moving averages and Bollinger Bands indicating weakness, despite some mildly bullish signals from weekly and monthly indicators, suggesting a cautious approach due to significant underperformance compared to the S&P 500.
As of 17 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is bearish, with a weak strength indicated by the daily moving averages showing bearish signals. While the weekly and monthly MACD and KST are mildly bullish, they are overshadowed by the bearish signals from the Bollinger Bands and the daily moving averages. The lack of any strong signals from the RSI and Dow Theory further supports a bearish outlook. Overall, the combination of these indicators suggests a cautious approach, as the stock has significantly underperformed compared to the S&P 500 over various time frames.
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