Is Adani Power technically bullish or bearish?

As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the RSI is also bullish on the weekly. Bollinger Bands confirm a bullish trend on both weekly and monthly charts. Daily moving averages are bullish as well. However, the KST shows a mildly bearish signal on the monthly, and the Dow Theory indicates a mildly bearish stance on the weekly, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the positive returns over multiple time frames, particularly the year-to-date return of 49.72%, significantly outperforming the Sensex.