Is Alkem Lab technically bullish or bearish?

Oct 02 2025 08:19 AM IST
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As of October 1, 2025, Alkem Lab's trend is bullish with moderate strength, supported by bullish MACD, Bollinger Bands, and moving averages, although caution is advised due to mildly bearish monthly indicators.
As of 1 October 2025, the technical trend for Alkem Lab has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish moving averages on the daily timeframe. The weekly On-Balance Volume (OBV) is mildly bullish, indicating positive accumulation. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the bullish trend is reinforced by recent price action, with the current price above the previous close and near today's high.
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