Is Simplex Infra technically bullish or bearish?

Jul 16 2025 08:07 AM IST
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As of July 15, 2025, Simplex Infra's trend is mildly bearish, supported by bearish MACD and KST indicators, daily moving averages, and mixed signals from Dow Theory, although monthly Bollinger Bands suggest potential for upward movement.
As of 15 July 2025, the technical trend for Simplex Infra has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the MACD and KST indicators on both weekly and monthly time frames, which indicate a bearish momentum. The daily moving averages also confirm a bearish outlook. However, the Bollinger Bands show a bullish signal on the monthly chart, suggesting some potential for upward movement. The Dow Theory presents a mixed view with a mildly bullish weekly signal but a mildly bearish monthly signal. Overall, the strength of the bearish stance is moderate, influenced by the prevailing indicators.
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