Is Azad Engineering technically bullish or bearish?
As of 11 August 2025, Azad Engineering's technical trend is mildly bearish, supported by weekly indicators like the MACD and Bollinger Bands, despite a conflicting mildly bullish signal from daily moving averages.
As of 11 August 2025, the technical trend for Azad Engineering has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bearish stance, while Bollinger Bands also reflect a bearish condition. The KST and OBV on a weekly basis are both mildly bearish, further supporting the bearish outlook. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall weekly and monthly indicators. The stock has underperformed against the Sensex over multiple time frames, including a significant year-to-date decline of 13.66%. Overall, the current technical stance is mildly bearish, driven primarily by the weekly MACD, Bollinger Bands, and KST indicators.
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