Is Rites technically bullish or bearish?

Jun 26 2025 08:08 AM IST
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As of June 25, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and OBV, despite some mixed signals from daily and monthly indicators.
As of 25 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD is mildly bearish, indicating some caution. The RSI shows a bullish signal on the monthly timeframe, although it has no signal on the weekly. Bollinger Bands are bullish on the weekly but mildly bearish on the monthly, suggesting mixed signals. Daily moving averages are mildly bearish, which contrasts with the overall mildly bullish trend. The KST is bullish on the weekly and mildly bearish on the monthly, while the Dow Theory indicates a mildly bullish stance on the monthly. The OBV is bullish on the monthly, reinforcing the positive outlook. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and OBV, despite some bearish indicators on the daily and monthly timeframes.
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