Is Alkem Lab technically bullish or bearish?
As of June 23, 2025, Alkem Lab's technical trend is bearish with moderate strength, indicated by a bearish MACD, bearish Bollinger Bands, and underperformance against the Sensex, despite mixed signals from the KST.
As of 23 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Alkem Lab is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish signals from Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by the stock's recent performance, underperforming the Sensex across multiple time frames.
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