Is RIR Power Electr technically bullish or bearish?
As of July 18, 2025, RIR Power Electr shows a mildly bearish trend, influenced by bearish daily moving averages and weekly RSI, despite some conflicting signals from MACD and Bollinger Bands indicating potential upward movement.
As of 18 July 2025, the technical trend for RIR Power Electr has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. The monthly MACD is mildly bearish, while the weekly MACD and KST remain bullish, suggesting some conflicting signals. Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating potential for upward movement, but the overall sentiment leans bearish due to the recent trend change and the performance relative to the Sensex.
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