Is Ramkrishna Forg. technically bullish or bearish?
As of June 27, 2025, the technical trend is mildly bearish, indicated by mixed signals from the MACD, bearish readings from Bollinger Bands and KST, and moving averages, despite a bullish On-Balance Volume, with the stock trading at 668.95, below the previous close of 680.50.
As of 27 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly chart, indicating mixed signals across time frames. The Bollinger Bands and KST are both mildly bearish on both weekly and monthly charts, reinforcing the bearish outlook. Moving averages on the daily chart also indicate a mildly bearish trend. Although the On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, the overall sentiment remains bearish due to the predominant indicators. The stock is currently trading at 668.95, below the previous close of 680.50, which further supports the bearish sentiment.
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