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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

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

Sidelines Mode (-55) - ALCE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.3800 0.3852 0.3645 0.3799 -0.0002
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 Jun 5th, 2024 at 0.3200

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.3618

Smart Scan Analysis for ALCE

Based on our trend formula, ALCE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ALCE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3800 0.3852 0.3645 0.3799 -0.0002
Prev. Close Volume Bid Ask Time
0.3758 79236 2024-06-18 15:29:42
52wk High10.8952wk High Date2023-11-21
52wk Low0.2952wk Low Date2024-02-22
Average Volume153,166Shares Outstanding9,038
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