Is RMC Switchgears technically bullish or bearish?

Jul 16 2025 08:09 AM IST
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As of July 15, 2025, the market trend is neutral with mixed signals, showing a shift from mildly bullish to sideways, as indicated by conflicting MACD, RSI, and moving averages, while Bollinger Bands and Dow Theory suggest a mildly bullish outlook.
As of 15 July 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish. The weekly RSI indicates bearish momentum, and the daily moving averages are mildly bearish. However, Bollinger Bands show bullish signals on both weekly and monthly time frames. Dow Theory suggests a mildly bullish outlook on both weekly and monthly levels. Overall, the strength of the trend is weak, reflecting indecision in the market.
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