Is Alpex Solar technically bullish or bearish?

Jul 16 2025 08:09 AM IST
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As of July 15, 2025, the trend has shifted to bullish, supported by strong indicators like a bullish MACD and moving averages, despite a bearish weekly RSI suggesting some momentum weakness.
As of 15 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly moving averages and Dow Theory confirm a bullish outlook. However, the weekly RSI is bearish, indicating some potential weakness in momentum. Overall, the strength of the bullish trend is reinforced by the positive performance against the Sensex over multiple time frames, particularly the 1-month return of 21.25%.
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