Is Simplex Infra technically bullish or bearish?

Jul 02 2025 08:13 AM IST
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As of July 1, 2025, Simplex Infra's technical trend has shifted to bearish, with key indicators like the MACD and KST supporting this view, despite some mixed signals from Bollinger Bands and moving averages.
As of 1 July 2025, the technical trend for Simplex Infra has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames, while the KST and OBV also indicate bearish conditions on the weekly. The Bollinger Bands show a bearish signal on the weekly but are bullish on the monthly, suggesting mixed signals. Moving averages are mildly bullish on the daily, but this is overshadowed by the overall bearish indicators. The Dow Theory reflects a mildly bearish stance on the weekly, with no trend on the monthly. Overall, the strength of the bearish sentiment is moderate, influenced by the prevailing indicators.
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