Is RMC Switchgears technically bullish or bearish?

Jul 09 2025 08:09 AM IST
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As of July 8, 2025, RMC Switchgears shows a predominantly bearish trend, driven by daily moving averages, despite mixed signals from weekly and monthly indicators.
As of 8 July 2025, the technical trend for RMC Switchgears has changed from sideways to mildly bearish. The current stance is bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD shows mildly bullish momentum, but the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands indicate a mildly bullish outlook on both weekly and monthly charts, yet the overall sentiment remains bearish due to the daily indicators. The Dow Theory reflects a mildly bearish stance on the weekly chart, while the KST is bullish weekly but mildly bearish monthly, further contributing to the mixed signals. Overall, the bearish trend is predominant, particularly in the short term.
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