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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Alternus Clean Energy, Inc. - Class A (NASDAQ:ALCE)
Long-Term Downtrend (-90) - ALCE is in a strong downtrend that is likely to continue. While ALCE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ALCE
The long-term trend has been DOWN since Dec 28th, 2023 at 1.680
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.142
The short-term trend has been DOWN since Nov 14th, 2024 at 1.705
Smart Scan Analysis for ALCE
Based on our trend formula, ALCE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.67 | 1.72 | 1.31 | 1.52 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.51 | 11218715 | 2024-11-19 15:59:28 |
| 52wk High | 272.25 | 52wk High Date | 2023-11-21 |
| 52wk Low | 1.55 | 52wk Low Date | 2024-11-18 |
| Average Volume | 199,803 | Shares Outstanding | 86,827 |
| Assets | 86,611,000M | Liabilities | 163,679,000M |