Is Indian Energy Ex technically bullish or bearish?

Aug 18 2025 08:05 AM IST
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As of 14 August 2025, the technical trend has shifted to a bearish stance, supported by bearish signals from the weekly MACD, daily moving averages, and KST, despite a bullish weekly RSI.
As of 14 August 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD being bearish, daily moving averages indicating bearish momentum, and the KST on a weekly basis also showing bearish signals. Although the weekly RSI is bullish, it is overshadowed by the overall bearish trend in other indicators. The Bollinger Bands and Dow Theory both reflect mildly bearish conditions on a weekly and monthly basis, reinforcing the bearish outlook.
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