Is Apollo Micro Sys technically bullish or bearish?

Aug 23 2025 08:08 AM IST
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As of August 22, 2025, the market trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although caution is advised due to bearish signals from the RSI.
As of 22 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly and monthly MACD are both bullish, and the Bollinger Bands confirm a bullish trend in both time frames. Daily moving averages also indicate bullish momentum. However, the RSI shows bearish signals on both weekly and monthly charts, which suggests some caution. Despite this, the overall bullish sentiment is reinforced by the Dow Theory and the On-Balance Volume (OBV) indicators, both of which are bullish on a weekly and monthly basis.
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