What is the technical trend for Allied Digital?

Jun 09 2025 06:16 PM IST
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As of June 2, 2025, Allied Digital's technical trend is mildly bearish, supported by bearish moving averages and Bollinger Bands, despite mixed signals from the MACD and KST indicators.
As of 2 June 2025, the technical trend for Allied Digital has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages are also bearish, indicating short-term weakness. The KST shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, while the Dow Theory indicates a mildly bullish trend on the weekly with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands.
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