Is Rama Steel Tubes technically bullish or bearish?

Nov 18 2025 08:32 AM IST
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As of November 17, 2025, Rama Steel Tubes has shifted to a bearish trend with moderate strength, driven by bearish signals from daily moving averages and monthly indicators, despite some mildly bullish signals on the weekly timeframe.
As of 17 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Rama Steel Tubes is bearish with a moderate strength. Key indicators driving this stance include the bearish signals from the moving averages on the daily timeframe, as well as the bearish readings from both the Bollinger Bands and the monthly MACD. Although the weekly MACD and KST show mildly bullish signals, the overall monthly indicators suggest a bearish outlook. The stock's recent performance, including a significant decline over the past year, further supports this bearish sentiment.
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