Is Allego NV technically bullish or bearish?
2025-09-20 20:17:47As of 26 February 2025, the technical trend for Allego NV has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend, while the weekly and monthly MACD readings are mildly bullish. However, the KST and Dow Theory indicators are bearish on both weekly and monthly timeframes. The OBV is also mildly bearish across both periods. In terms of performance, Allego NV has seen a staggering decline with a year-to-date return of -94.01% compared to the S&P 500's gain of 12.22%, and a one-year return of -98.85% against the S&P 500's 17.14%....
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