Is Rainbow Child. technically bullish or bearish?

Jun 13 2025 08:08 AM IST
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As of June 12, 2025, Rainbow Child's trend has shifted to mildly bullish, supported by positive indicators like the weekly MACD and Bollinger Bands, though caution is advised due to mixed signals from longer time frames.
As of 12 June 2025, the technical trend for Rainbow Child has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a weekly MACD indicating mild bullishness, bullish signals from Bollinger Bands and KST, and a mildly bullish outlook from Dow Theory. However, the monthly MACD and moving averages are mildly bearish, which suggests some caution. The stock has shown positive returns over the past week and month compared to the Sensex, further reinforcing the bullish sentiment. Overall, the strength of the bullish trend is moderate, with some mixed signals in the longer time frames.
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