Is RMC Switchgears technically bullish or bearish?

Jul 24 2025 08:08 AM IST
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As of July 23, 2025, RMC Switchgears shows a neutral technical stance with mixed signals: weekly indicators are mostly bullish while monthly indicators lean bearish, reflecting uncertainty in market direction.
As of 23 July 2025, the technical trend for RMC Switchgears has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The weekly RSI is bearish, suggesting downward pressure, whereas the monthly RSI shows no signal. Bollinger Bands indicate a mildly bullish stance on the weekly chart and bullish on the monthly, which contrasts with the daily moving averages that are mildly bearish. The KST is bullish on the weekly but mildly bearish on the monthly, and Dow Theory supports a mildly bullish view on both time frames. Overall, the mixed indicators reflect uncertainty in the market direction for RMC Switchgears.
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