Is Alkem Lab technically bullish or bearish?

Sep 30 2025 08:19 AM IST
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As of 29 September 2025, Alkem Lab's trend is mildly bullish, supported by daily moving averages and weekly MACD, but tempered by a bearish weekly RSI and mixed monthly indicators.
As of 29 September 2025, the technical trend for Alkem Lab has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum, while the weekly MACD remains bullish. However, the weekly RSI is bearish, suggesting some weakness in the short term. The Bollinger Bands on the weekly chart are mildly bullish, and the monthly indicators show a mix of mildly bearish MACD and KST, with the Dow Theory indicating a mildly bullish trend on the monthly timeframe. Overall, the strength of the bullish stance is tempered by the bearish signals in the weekly RSI and mixed monthly indicators.
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