Is RIR Power Electr technically bullish or bearish?
As of July 22, 2025, the trend is mildly bullish due to positive weekly indicators, but caution is advised as monthly signals remain mixed.
As of 22 July 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and Bollinger Bands indicating bullish momentum. However, the monthly MACD and moving averages are mildly bearish, suggesting some caution. The weekly KST is also bullish, while the Dow Theory shows a mildly bullish trend. Overall, the strength of the bullish signal is tempered by mixed indicators in the monthly timeframe.
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