Is Rane (Madras) technically bullish or bearish?

Jul 02 2025 08:11 AM IST
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As of July 1, 2025, the market trend is mildly bearish, indicated by daily moving averages and a bearish weekly RSI, despite mixed signals from the weekly MACD and Bollinger Bands.
As of 1 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. The monthly MACD is mildly bearish, while the weekly MACD and Bollinger Bands are bullish, suggesting mixed signals. Overall, the lack of a clear trend in Dow Theory and the mildly bearish OBV further support the bearish outlook.
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