Is Rajapalayam Mill technically bullish or bearish?
As of November 12, 2025, Rajapalayam Mill's technical trend has shifted to bearish, supported by negative signals from key indicators like MACD, moving averages, and KST, despite some divergence in Dow Theory.
As of 12 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple key indicators. The MACD is bearish on both weekly and monthly time frames, and the moving averages are also bearish on the daily chart. The KST confirms this bearish sentiment on both weekly and monthly levels. Additionally, Bollinger Bands indicate a mildly bearish outlook on both weekly and monthly time frames. While Dow Theory shows a mildly bearish stance on the weekly chart, it is bullish on the monthly chart, suggesting some divergence. Overall, the bearish indicators dominate, reflecting a weak technical position for Rajapalayam Mill.
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