Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Alternus Clean Energy, Inc. - Class A (NASDAQ:ALCE)

Bull Market Weakness (+75) - ALCE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALCE as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ALCE?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALCE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ALCE
Open High Low ALCE Price Change
0.3668 0.3906 0.3430 0.3857 +0.0207
Entry Signal

MarketClub’s Trade Triangles for ALCE

long term down The long-term trend has been DOWN since Dec 28th, 2023 at 1.6800

intermediate term up The intermediate-term trend has been UP since May 22nd, 2024 at 0.4001

short term up The short-term trend has been UP since May 22nd, 2024 at 0.3540

Smart Scan Analysis for ALCE

Based on our trend formula, ALCE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ALCE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3668 0.3906 0.3430 0.3857 +0.0207
Prev. Close Volume Bid Ask Time
0.3857 216039 2024-05-23 15:59:37
52wk High11.12652wk High Date2023-06-14
52wk Low0.2952wk Low Date2024-02-22
Average Volume336,080Shares Outstanding9,038
Get a free daily analysis and signals for Alternus Clean Energy, Inc. - Class A (ALCE) - Request Your Free Report.