Is REC Ltd technically bullish or bearish?
As of August 8, 2025, the market trend has shifted to bearish with moderate strength, supported by daily moving averages and weekly Bollinger Bands, despite some divergence from the MACD and KST indicators.
As of 8 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating a bearish trend, along with weekly Bollinger Bands also showing bearish signals. The MACD on a monthly basis is mildly bearish, while the weekly KST is mildly bullish, suggesting some divergence. Overall, the bearish trend is reinforced by the Dow Theory indicating a mildly bearish stance on the weekly timeframe.
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