Adani port Bearish

Adani port is looking bearish on chart. Weekly and daily price is below 50 EMA. Anad also below 20 SMA. Price is also moving in channel. All EMAs neagtive.
https://www.tradingview.com/x/yZrQiFOZ/
Weekly MACD down and negative crossover
https://www.tradingview.com/x/kjPkr7iV/
Daily stochastic negative crossover from overbought zone.
https://www.tradingview.com/x/URvu6q22/
RSI is in downward momentum.
https://www.tradingview.com/x/LydKzV2A/
ADX is strong
https://www.tradingview.com/x/caPlRj7A/