Is Apollo Micro Sys technically bullish or bearish?

Sep 03 2025 08:11 AM IST
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As of September 2, 2025, Apollo Micro Sys shows a bullish trend supported by strong MACD and Bollinger Bands indicators, despite some overbought signals from the RSI, while the stock has outperformed the Sensex, indicating strong buying pressure.
As of 2 September 2025, the technical trend for Apollo Micro Sys has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the Bollinger Bands also confirm a bullish trend in both time frames. Moving averages on the daily chart are bullish, reinforcing the positive momentum. However, the RSI shows bearish signals on both weekly and monthly charts, indicating some overbought conditions. The KST is bullish weekly but mildly bearish monthly, suggesting mixed signals in the longer term. Overall, the Dow Theory supports a bullish outlook on both weekly and monthly bases, while the OBV is bullish, indicating strong buying pressure. The stock has significantly outperformed the Sensex over various periods, further supporting the bullish stance.
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