Is Redington technically bullish or bearish?

As of 14 October 2025, the technical trend for Redington has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is also bullish, indicating positive momentum over both time frames. However, the weekly Bollinger Bands are bearish, suggesting some short-term weakness. The daily moving averages are bullish, supporting a positive outlook in the near term. The KST shows a bearish signal weekly but bullish monthly, indicating mixed signals across different time frames. The OBV is bullish on a monthly basis, which adds to the overall mildly bullish stance. Given the current price of 272.00, which is below the previous close of 279.05, there may be some short-term pressure, but the longer-term indicators suggest a cautiously optimistic outlook.