Is Simplex Infra technically bullish or bearish?

Aug 28 2025 08:08 AM IST
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As of 26 August 2025, the trend has shifted to mildly bearish, supported by daily moving averages and monthly MACD signals, despite some bullish indications from Bollinger Bands and a weekly KST.
As of 26 August 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearishness and the monthly MACD showing a mildly bearish signal. The weekly KST remains mildly bullish, but overall, the lack of strong signals from the RSI and Dow Theory suggests a weak bearish sentiment. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating some potential for upward movement, but the prevailing indicators lean towards a bearish outlook.
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