Is Renaiss. Global technically bullish or bearish?
As of November 19, 2025, the technical trend is mildly bullish, supported by weekly MACD and KST indicators, despite monthly indicators showing a mildly bearish stance, indicating a cautious bullish sentiment in the short term.
As of 19 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST indicators showing bullish signals, while the daily moving averages also reflect a mildly bullish trend. However, the monthly MACD and RSI indicate a mildly bearish and bearish stance, respectively, which tempers the overall bullish outlook. The Bollinger Bands and Dow Theory are both mildly bullish on a weekly and monthly basis, suggesting some support for the price. Despite the recent price decline and underperformance compared to the Sensex, the overall technical indicators suggest a cautious bullish sentiment in the short term.
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