Is Clean Energy Technologies, Inc. technically bullish or bearish?
As of May 16, 2025, the technical trend is bearish, supported by negative indicators like the MACD and Bollinger Bands, despite a bullish monthly RSI, with the stock underperforming against the S&P 500.
As of 16 May 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong emphasis on the weekly and monthly indicators. The MACD is bearish on both the weekly and monthly time frames, and the Bollinger Bands also indicate a bearish trend. The daily moving averages confirm the bearish outlook. Although the monthly RSI shows bullishness, it is overshadowed by the overall bearish signals from other indicators, including the KST and Dow Theory, which are bearish and mildly bearish respectively. The stock has significantly underperformed compared to the S&P 500 across multiple time frames, further reinforcing the bearish sentiment.
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