Is Chemfab Alka. technically bullish or bearish?

Jul 04 2025 08:06 AM IST
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As of July 3, 2025, Chemfab Alka's trend is mildly bearish, with daily moving averages and monthly indicators reflecting bearish momentum, despite some weekly signals showing mild bullishness, as the stock trades at 791.00, down from 807.00.
As of 3 July 2025, the technical trend for Chemfab Alka has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the monthly MACD and KST also reflect a mildly bearish outlook. Despite some weekly indicators like MACD and OBV showing mildly bullish signals, the overall trend remains bearish due to the prevailing daily indicators and the recent price action. The stock is currently trading at 791.00, down from a previous close of 807.00, indicating weakness in the short term.
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