Is R M Drip & Sprin technically bullish or bearish?
As of July 18, 2025, the technical trend has shifted to bullish, supported by strong indicators like bullish daily moving averages and OBV, despite mixed signals from the MACD and RSI.
As of 18 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and the OBV is bullish on both weekly and monthly time frames. Although the MACD is mildly bearish on the weekly, it is bullish on the monthly, and the Bollinger Bands indicate a bullish trend on the weekly and mildly bullish on the monthly. The KST shows a similar pattern with a bullish monthly signal. The RSI is bearish on the monthly but shows no signal on the weekly, indicating mixed momentum. Overall, the strength of the bullish trend is reinforced by the significant stock returns compared to the Sensex across multiple time frames.
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