Is Kandi Technologies Group, Inc. technically bullish or bearish?
As of October 1, 2023, Kandi Technologies Group, Inc. shows a mildly bullish technical stance with positive weekly and daily indicators, but a bearish monthly Bollinger Bands signal and underperformance against the S&P 500 over the past year and three years temper the outlook.
As of 1 October 2023, the technical stance for Kandi Technologies Group, Inc. is mildly bullish. The weekly MACD and KST are both bullish, while the monthly MACD is mildly bullish. The daily moving averages also indicate a bullish trend. However, the monthly Bollinger Bands show a bearish signal, which tempers the overall outlook. The stock has underperformed against the S&P 500 over the past year and three years, with returns of -16.87% and -33.33% respectively, compared to the S&P 500's 17.14% and 70.41%.
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