Is Adani Power technically bullish or bearish?
As of August 1, 2025, Adani Power's technical trend is mildly bullish, supported by the weekly MACD and daily moving averages, despite mixed signals from monthly indicators and Dow Theory suggesting a mildly bearish trend.
As of 1 August 2025, the technical trend for Adani Power has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential upward momentum. Bollinger Bands indicate a mildly bullish stance weekly but bearish monthly, adding to the mixed outlook. Moving averages on the daily chart are mildly bullish, supporting a short-term positive view. However, Dow Theory indicates a mildly bearish trend weekly, with no clear trend monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and daily moving averages, despite some bearish signals in the monthly indicators.
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