Is REC Ltd technically bullish or bearish?

As of 12 November 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 which are bearish, and the Bollinger Bands indicating bearish conditions on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, suggesting a divergence in momentum. The KST and Dow Theory present mixed signals, with the weekly KST mildly bullish while the monthly is mildly bearish, and the Dow Theory indicating mildly bearish on the weekly and mildly bullish on the monthly. Overall, the bearish trend is reinforced by the stock's underperformance compared to the Sensex over multiple time frames, particularly year-to-date and one-year returns.