Is Adani Total Gas technically bullish or bearish?
As of August 28, 2025, the technical trend is bearish with moderate strength, indicated by a bearish MACD, Bollinger Bands, and moving averages, despite mixed signals from Dow Theory and significant underperformance compared to the Sensex.
As of 28 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish signals from Bollinger Bands and KST, and bearish moving averages on the daily timeframe. The Dow Theory indicates a mildly bullish stance on the weekly but is mildly bearish on the monthly, suggesting mixed signals. The stock has underperformed significantly compared to the Sensex over multiple timeframes, further reinforcing the bearish outlook.
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