Is R R Kabel technically bullish or bearish?

Jul 18 2025 08:08 AM IST
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As of July 17, 2025, the trend has shifted to bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, despite a bearish weekly RSI indicating some short-term weakness.
As of 17 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish readings from Bollinger Bands and OBV on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the weekly RSI is bearish, indicating some short-term weakness. Overall, the bullish trend is supported by the positive movement in price, with today's high reaching 1489.00, above the previous close of 1396.80.
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