Is Afcons Infrastr. technically bullish or bearish?

Jul 10 2025 08:06 AM IST
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As of July 9, 2025, Afcons Infrastructure shows a mildly bearish trend, with a current price of 425.00, supported by bearish signals from Bollinger Bands and Dow Theory, despite a mildly bullish MACD.
As of 9 July 2025, the technical trend for Afcons Infrastr. has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the overall sentiment is tempered by the bearish signals from the Bollinger Bands and the Dow Theory, which is also mildly bearish. The On-Balance Volume (OBV) supports this bearish outlook on a weekly basis. The current price is 425.00, slightly below the previous close of 426.25, reflecting a weak momentum. Given these indicators, the current technical stance is mildly bearish.
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