Is Alset Capital Acquisition Corp. technically bullish or bearish?
2025-09-20 20:23:03As of 2 September 2025, the technical trend for Alset Capital Acquisition Corp. has changed from sideways to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, supporting the positive trend. The daily moving averages are also bullish, indicating strength in the short term. However, the weekly KST is bearish, which introduces some caution. In terms of returns, the stock has underperformed the S&P 500 year-to-date, with a return of -12.23% compared to the S&P 500's 12.22%. Over the past month, the stock has performed well with an 81.41% return against the S&P 500's 2.33%. Overall, the current stance is mildly bullish, driven by the positive signals from MACD and moving averages, despite some mixed indicators....
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