Is ReNew Energy Global Plc technically bullish or bearish?
As of June 23, 2025, ReNew Energy Global Plc's technical trend is bullish, supported by positive daily moving averages and Bollinger Bands, despite some short-term caution from the weekly MACD and KST.
As of 23 June 2025, the technical trend for ReNew Energy Global Plc has changed from mildly bullish to bullish. The daily moving averages are bullish, and both the weekly and monthly Bollinger Bands are also bullish, indicating positive momentum. However, the weekly MACD and KST are mildly bearish, which suggests some caution in the short term. The stock has shown a YTD return of 13.03%, outperforming the S&P 500's 12.22%, and a 1Y return of 18.95% compared to the S&P 500's 17.14%. Overall, the current technical stance is bullish, with moderate strength driven by the daily moving averages and Bollinger Bands.
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