Is Rajoo Engineers technically bullish or bearish?
As of July 1, 2025, Rajoo Engineers is in a bearish trend with moderate strength, driven by bearish daily moving averages, weekly Bollinger Bands, and a mildly bearish MACD, despite a mildly bullish weekly KST.
As of 1 July 2025, the technical trend for Rajoo Engineers has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the daily moving averages indicating bearishness, the weekly Bollinger Bands also showing bearish signals, and the monthly MACD reflecting a mildly bearish outlook. Additionally, the Dow Theory supports a mildly bearish perspective on both weekly and monthly time frames. Despite the weekly KST being mildly bullish, the overall technical picture remains negative, particularly given the significant underperformance compared to the Sensex across multiple time frames.
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