Is Allied Digital technically bullish or bearish?

Jul 04 2025 08:05 AM IST
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As of July 3, 2025, Allied Digital's trend has shifted to bearish with moderate strength, driven by daily moving averages and Bollinger Bands indicating bearish momentum, despite mixed signals from the MACD across different time frames.
As of 3 July 2025, the technical trend for Allied Digital has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearish momentum, and both the weekly and monthly Bollinger Bands also signaling bearish conditions. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, which suggests mixed signals across time frames. The overall performance relative to the Sensex indicates significant underperformance, particularly in the 1-month and year-to-date periods.
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