Is Simplex Infra technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, Simplex Infra's technical trend has shifted to a moderate bearish stance, supported by bearish signals from the MACD, KST, and moving averages, despite a mildly bullish outlook on the monthly timeframe.
As of 8 July 2025, the technical trend for Simplex Infra has changed from sideways to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD and KST both showing bearish signals, along with daily moving averages confirming a bearish trend. The Bollinger Bands indicate a bearish position on the weekly timeframe, while the monthly shows a mildly bullish stance, suggesting some divergence. The Dow Theory also reflects a mildly bearish outlook on both weekly and monthly bases. Overall, the combination of these indicators supports a bearish sentiment for Simplex Infra.
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