Is REC Ltd technically bullish or bearish?

Nov 18 2025 08:30 AM IST
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As of November 17, 2025, REC Ltd's trend is mildly bearish, with mixed signals from key indicators like MACD, RSI, and Bollinger Bands, suggesting a cautious outlook in the near term.
As of 17 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish overall, driven by several key indicators. The MACD is mildly bullish on the weekly chart but turns mildly bearish on the monthly chart, indicating mixed signals. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Bollinger Bands indicate a mildly bearish trend on the weekly and bearish on the monthly. Daily moving averages are bearish, reinforcing the negative short-term outlook. KST is mildly bullish weekly but mildly bearish monthly, while Dow Theory shows no trend weekly but is mildly bullish monthly. Overall, the combination of these indicators suggests a cautious outlook for REC Ltd in the near term.
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