Is Indian Renewable technically bullish or bearish?
As of June 9, 2025, the technical trend is neutral with mixed signals; while the weekly MACD and Bollinger Bands suggest mild bullishness, the RSI and daily moving averages indicate short-term caution, resulting in an overall balanced outlook.
As of 9 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bullish, while the RSI is bearish, indicating some weakness in momentum. Bollinger Bands are bullish on the weekly timeframe, but moving averages on the daily are mildly bearish, suggesting short-term caution. The KST and Dow Theory both show mild bullishness on the weekly, while the OBV indicates no trend. Overall, the strength of the bullish indicators is countered by bearish signals, leading to a neutral outlook.
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