Is Redtape technically bullish or bearish?

Jun 14 2025 08:06 AM IST
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As of June 13, 2025, Redtape's technical trend has shifted to bearish, supported by bearish daily moving averages, Bollinger Bands, and On-Balance Volume, despite some mildly bullish signals from the MACD and KST.
As of 13 June 2025, the technical trend for Redtape has changed from mildly bearish to bearish. The current technical stance is bearish, with moderate strength indicated by several key factors. The daily moving averages are bearish, and the Bollinger Bands show a bearish signal on both weekly and monthly time frames. The MACD is mildly bullish on a weekly basis, but this is offset by the overall bearish trend. The KST is also mildly bullish weekly, but the Dow Theory indicates a mildly bearish stance. Additionally, the On-Balance Volume (OBV) is mildly bearish on both weekly and monthly time frames. Overall, the combination of these indicators suggests a bearish outlook for Redtape.
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