Is RIR Power Electr technically bullish or bearish?
As of July 28, 2025, the trend is bullish with strong indicators like a bullish MACD and moving averages, although caution is advised due to a bearish weekly RSI and mixed signals in shorter time frames.
As of 28 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages are bullish on the daily. The Bollinger Bands indicate a mildly bullish trend on the weekly and bullish on the monthly. However, the weekly RSI is bearish, which suggests some caution. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows a bullish stance on the monthly while indicating no trend on the weekly. Overall, the strength of the bullish trend is supported by multiple indicators, despite some mixed signals in the shorter time frames.
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