AEAEW Stock Summary and Trading Ideas (Altenergy Acquisition Corp. - Warrant | :AEAEW)

Altenergy Acquisition Corp. - Warrant trades on the stock market under the symbol AEAEW.

As of September 29, 2023, AEAEW stock price was flat at $0.07 with 100 million shares trading.

AEAEW has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

AEAEW stock has underperformed the market in the last year with a return of -43.2%, while SPY returned +17.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AEAEW shares. However, AEAEW has outperformed the market in the last 3 month and 2 week periods, returning +52.4% and +12.3%, while SPY returned -1.6% and -4.3%, respectively. This indicates AEAEW has been having a stronger performance recently.

AEAEW support price is $.06 and resistance is $.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AEAEW stock will trade within this expected range on the day.