Is RIR Power Electr technically bullish or bearish?
As of June 30, 2025, the market trend is mildly bullish, supported by positive weekly MACD and Bollinger Bands, despite some short-term bearish signals from daily moving averages.
As of 30 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, both indicating bullish momentum. The Dow Theory shows a mildly bullish trend on the monthly timeframe, while the daily moving averages are mildly bearish, suggesting some short-term weakness. Overall, the strength of the bullish signal is supported by the positive performance over the past year and three years compared to the Sensex.
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