Is Chenghe Acquisition II Co. technically bullish or bearish?

Sep 20 2025 08:32 PM IST
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As of September 4, 2025, Chenghe Acquisition II Co. has shifted to a bullish trend, supported by positive monthly RSI and weekly KST signals, despite underperforming the S&P 500 with a 1-month return of -14.65% and a year-to-date return of -7.91%.
As of 4 September 2025, the technical trend for Chenghe Acquisition II Co. has changed from mildly bearish to bullish. The current stance is bullish, driven by a monthly RSI indicating bullish momentum and a weekly KST showing bullish signals. However, the weekly MACD and Bollinger Bands remain mildly bearish, suggesting some caution. The daily moving averages are mildly bullish, supporting the overall positive outlook.

Despite this bullish trend, the company has underperformed compared to the S&P 500 across multiple periods, with a 1-month return of -14.65% versus 2.33% for the benchmark, and a year-to-date return of -7.91% compared to 12.22% for the S&P 500.
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