Is Adani Energy Sol technically bullish or bearish?

As of 2 September 2025, the technical trend for Adani Energy Sol has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The MACD on a weekly basis is bearish, while the monthly MACD shows a mildly bullish signal, indicating mixed signals across time frames. The Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the bearish outlook. The KST is bearish on both weekly and monthly time frames, and moving averages show a mildly bullish signal on the daily chart, which is not strong enough to offset the overall bearish sentiment. The stock has underperformed significantly compared to the Sensex over various periods, particularly in the 1Y and 3Y returns, which further emphasizes the bearish trend.