Is Adani Green technically bullish or bearish?

Aug 31 2025 08:05 AM IST
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As of August 29, 2025, Adani Green's technical trend is mildly bearish, indicated by bearish daily moving averages and Bollinger Bands, despite mixed signals from the MACD and a mildly bullish stance from Dow Theory.
As of 29 August 2025, the technical trend for Adani Green has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the Bollinger Bands showing a bearish trend on both weekly and monthly time frames. The MACD is mildly bullish on the weekly chart but remains bearish on the monthly, suggesting mixed signals. The KST and RSI provide further confirmation of a mildly bearish outlook, while Dow Theory indicates a mildly bullish stance on the weekly and monthly charts. Overall, the strength of the bearish sentiment is supported by recent price action, including a significant decline over the past year and a weak performance compared to the Sensex.
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