Is Healthcare AI Acquisition Corp. technically bullish or bearish?
As of May 9, 2024, Healthcare AI Acquisition Corp. shows a bullish trend overall, despite mixed signals from indicators like the MACD and RSI, and has underperformed the S&P 500 year-to-date.
As of 9 May 2024, the technical trend for Healthcare AI Acquisition Corp. has changed from mildly bullish to bullish. The daily moving averages are bullish, while the weekly MACD and RSI are mildly bearish and bearish, respectively. However, the Bollinger Bands are bullish on both weekly and monthly time frames, and the KST is bullish weekly. The Dow Theory indicates a bearish stance on the weekly chart with no trend on the monthly. In terms of performance, the stock has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of 2.62% versus the S&P 500's 12.22%, and a one-year return of 4.73% compared to 17.14%. Overall, the current technical stance is bullish, but with mixed signals from various indicators suggesting caution.
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