Is Flame Acquisition Corp. technically bullish or bearish?
2025-09-20 20:12:38As of 2 September 2025, the technical trend for Flame Acquisition Corp. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating a positive trend. However, the weekly and monthly MACD, Bollinger Bands, and Dow Theory show a mix of mildly bearish signals, indicating some underlying weakness. The KST is bullish on a weekly basis but mildly bearish monthly, while OBV presents a bullish signal monthly but mildly bearish weekly. In terms of performance, the stock has returned 3.93% over the past week, significantly outperforming the S&P 500's 1.05%, but has underperformed over the past month with a return of -16.46% compared to the S&P 500's 2.33%. Overall, while there are some positive indicators, the mixed signals suggest caution....
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