Is Rain Industries technically bullish or bearish?

Sep 02 2025 08:13 AM IST
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As of September 1, 2025, the market trend has shifted to mildly bearish, indicated by bearish signals in the MACD and Bollinger Bands on weekly and monthly charts, despite a mildly bullish signal from daily moving averages.
As of 1 September 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by bearish signals in both the weekly and monthly MACD, as well as mildly bearish Bollinger Bands across the same time frames. The KST also indicates a bearish trend on the monthly chart. Although the daily moving averages show a mildly bullish signal, the overall indicators suggest a bearish sentiment prevailing in the market. The lack of trend in both the Dow Theory and OBV further supports a neutral outlook in the absence of strong momentum.
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