Is Rashi Peripheral technically bullish or bearish?

Jul 13 2025 08:04 AM IST
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As of July 11, 2025, Rashi Peripheral's trend has shifted to mildly bearish due to daily moving averages indicating bearish momentum, despite some bullish signals from the MACD and Bollinger Bands.
As of 11 July 2025, the technical trend for Rashi Peripheral has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Dow Theory also showing a mildly bearish trend. While the MACD on the weekly chart is mildly bullish and the Bollinger Bands are bullish, these are offset by the overall bearish signals from the daily moving averages and the lack of strong signals from the RSI. The stock has underperformed significantly over the past year, further supporting the bearish outlook.
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