Is Chemfab Alka. technically bullish or bearish?
As of July 15, 2025, Chemfab Alka's trend has shifted to bearish, supported by bearish daily moving averages and Bollinger Bands, despite mixed signals from the MACD and KST indicators.
As of 15 July 2025, the technical trend for Chemfab Alka has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view. The daily moving averages are bearish, and both the weekly and monthly Bollinger Bands indicate bearish conditions. The MACD shows a mildly bullish signal on the weekly timeframe but is mildly bearish on the monthly, reflecting mixed signals. The KST and Dow Theory also present a mildly bullish outlook on the weekly but bearish on the monthly. Overall, the bearish trend is reinforced by the stock's recent performance, with a significant decline of 6.35% over the past week compared to a 1.36% decline in the Sensex.
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