Is Redington technically bullish or bearish?

Nov 07 2025 08:11 AM IST
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As of November 6, 2025, Redington's technical trend is bullish, supported by strong MACD and Bollinger Bands indicators, though Dow Theory presents a mixed view.
As of 6 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance for Redington is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish outlook. However, the KST shows a mildly bullish signal on the weekly while being bullish on the monthly. Dow Theory presents a mixed view with a mildly bearish signal on the weekly but mildly bullish on the monthly. Overall, the strength of the bullish trend is reinforced by recent price action, with a significant increase from the previous close.
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