Is Amara Raja Ener. technically bullish or bearish?
As of June 20, 2025, the stock's trend has shifted to a bearish stance with moderate strength, indicated by bearish daily moving averages and Bollinger Bands, despite mixed MACD signals and significant underperformance against the Sensex.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearishness, and the Bollinger Bands showing bearish signals on both weekly and monthly time frames. The MACD is mildly bullish on the weekly but mildly bearish on the monthly, suggesting mixed signals. Overall, the stock has underperformed significantly compared to the Sensex over multiple time frames, reinforcing the bearish outlook.
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