Is Amara Raja Ener. technically bullish or bearish?
As of July 1, 2025, Amara Raja Energy's technical stance is bearish with moderate strength, driven by bearish signals from daily moving averages, monthly RSI, and Bollinger Bands, despite some mildly bullish indicators from the weekly MACD and KST.
As of 1 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Amara Raja Ener. is bearish with moderate strength. Key indicators driving this stance include the bearish signals from the daily moving averages and the monthly RSI, which is also bearish. Additionally, both the weekly and monthly Bollinger Bands are indicating bearish conditions. Although the weekly MACD and KST show mildly bullish signals, they are overshadowed by the overall bearish trend in the other indicators. The lack of a clear trend in Dow Theory further supports the bearish outlook.
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