Is Rel. Indl. Infra technically bullish or bearish?

As of 19 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD is bearish on both the weekly and monthly time frames, while the moving averages are bearish on the daily time frame. The KST and Dow Theory also indicate a mildly bearish stance on the weekly and monthly charts. Although the RSI shows a bullish signal on the monthly, the overall sentiment remains weak due to the bearish signals from other indicators. The Bollinger Bands are bullish on the weekly but mildly bearish on the monthly, adding to the mixed signals. Overall, the strength of the bearish sentiment is moderate, primarily driven by the MACD and moving averages.