Is Redtape technically bullish or bearish?

Nov 11 2025 08:18 AM IST
share
Share Via
As of November 10, 2025, Redtape's technical trend has shifted to a bearish stance, driven by bearish daily moving averages, Bollinger Bands, and underperformance against the Sensex, despite a mildly bullish weekly MACD signal.
As of 10 November 2025, the technical trend for Redtape has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages, which are bearish, and the Bollinger Bands on both weekly and monthly time frames, also indicating bearish conditions. The weekly MACD shows a mildly bullish signal, but this is outweighed by the overall bearish sentiment from other indicators. The Dow Theory indicates a mildly bearish trend on the weekly chart, further supporting the bearish outlook. The stock has underperformed significantly compared to the Sensex over multiple time frames, reinforcing the bearish sentiment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Is Redtape technically bullish or bearish?
Nov 24 2025 08:43 AM IST
share
Share Via
Why is Redtape falling/rising?
Nov 19 2025 12:10 AM IST
share
Share Via
How has been the historical performance of Redtape?
Nov 17 2025 11:26 PM IST
share
Share Via
How has been the historical performance of Redtape?
Nov 15 2025 12:29 AM IST
share
Share Via