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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Bear Market Rally (-75) - ALCE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ALCE as it may be in the beginning 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
0.2931 0.3030 0.2812 0.2850 -0.0120
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 down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 0.3369

short term up The short-term trend has been UP since Jul 19th, 2024 at 0.3858

Smart Scan Analysis for ALCE

Based on our trend formula, ALCE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ALCE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2931 0.3030 0.2812 0.2850 -0.0120
Prev. Close Volume Bid Ask Time
0.2970 50281 2024-07-26 14:44:14
52wk High10.8952wk High Date2023-11-21
52wk Low0.27552wk Low Date2024-07-25
Average Volume98,161Shares Outstanding81,396
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