Is Adani Energy Sol technically bullish or bearish?

Aug 24 2025 08:04 AM IST
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As of August 22, 2025, Adani Energy Sol's trend has shifted to mildly bearish, driven by bearish weekly MACD and KST indicators, despite a mildly bullish daily moving average signal.
As of 22 August 2025, the technical trend for Adani Energy Sol has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD and KST indicators, both of which are bearish. The Bollinger Bands also reflect a mildly bearish trend on the weekly timeframe. Although the daily moving averages show a mildly bullish signal, the overall weekly and monthly indicators, including Dow Theory, suggest weakness. The stock's recent performance indicates a significant decline over the past year, further supporting the bearish outlook.
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