Is Indian Renewable technically bullish or bearish?
As of 31 October 2025, the market trend is sideways with mixed technical signals, showing a mildly bullish weekly MACD and bullish monthly RSI, but bearish indications from Bollinger Bands and daily moving averages.
As of 31 October 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bullish, while the monthly MACD is not specified. The weekly RSI shows no signal, but the monthly RSI is bullish. Bollinger Bands indicate a bearish stance on the weekly chart and mildly bearish on the monthly. Daily moving averages are mildly bearish, contrasting with the weekly KST and OBV, both of which are mildly bullish. Overall, the indicators suggest a lack of clear direction, reflecting the sideways trend.
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