Is Religare Enterp. technically bullish or bearish?
As of 29 August 2025, the market trend is neutral with mixed signals: while the weekly MACD is bullish, the monthly MACD is mildly bearish, and other indicators like the RSI and Bollinger Bands suggest bearish conditions, indicating a lack of clear direction.
As of 29 August 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is bullish, but the monthly MACD is mildly bearish, indicating conflicting momentum. The RSI is bearish on the weekly timeframe, while the monthly shows no signal. Bollinger Bands and KST both reflect bearish conditions on the weekly and monthly charts. Moving averages are mildly bullish on the daily timeframe, suggesting short-term strength. Overall, the indicators point to a lack of clear direction, reinforcing a neutral stance.
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