Is Afcons Infrastr. technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, Afcons Infrastructure shows a mildly bullish trend, supported by positive momentum from Bollinger Bands and OBV, despite mixed signals from MACD, RSI, and Dow Theory.
As of 20 June 2025, the technical trend for Afcons Infrastr. has changed from mildly bearish to mildly bullish. The weekly MACD is not providing a clear signal, while the monthly MACD is also absent. The RSI shows no signal on the weekly timeframe, and similarly, there is no trend indicated by the Dow Theory on both weekly and monthly charts. However, the Bollinger Bands are bullish on the weekly timeframe, and the OBV is mildly bullish on the weekly as well. The current price of 447.60 is above the previous close of 424.45, indicating positive momentum. Overall, the stance is mildly bullish, driven primarily by the Bollinger Bands and the OBV.
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