Is AltEnergy Acquisition Corp. technically bullish or bearish?
2025-09-20 20:20:54As of 11 June 2025, the technical trend for AltEnergy Acquisition Corp. has changed from sideways to mildly bearish. The weekly MACD is bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are mildly bearish, while Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames. Dow Theory indicates a bearish trend on both weekly and monthly levels. In terms of performance, the stock has returned 4.87% year-to-date, which is significantly lower than the S&P 500's 12.22% return over the same period, and over the past year, it has returned 2.11% compared to the S&P 500's 17.14%. Overall, the technical stance is mildly bearish with mixed indicators....
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