Is RattanIndia Ent technically bullish or bearish?
As of 14 August 2025, the trend has shifted to mildly bearish due to bearish signals from the weekly MACD, RSI, and Bollinger Bands, despite daily moving averages showing mild bullishness, with significant underperformance against the Sensex reinforcing this outlook.
As of 14 August 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a bearish signal and the RSI also showing bearish momentum. Bollinger Bands confirm a bearish outlook on both weekly and monthly time frames. Although daily moving averages are mildly bullish, the overall weekly indicators, including Dow Theory and KST, suggest a prevailing bearish sentiment. The stock has underperformed significantly against the Sensex over the past month and year, further supporting the bearish view.
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