Is RMC Switchgears technically bullish or bearish?

Aug 29 2025 08:07 AM IST
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As of August 28, 2025, the technical trend is mildly bearish due to daily moving averages and weekly RSI indicating bearish momentum, despite some mixed signals from MACD and Bollinger Bands.
As of 28 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the weekly RSI showing bearish conditions. The monthly MACD is mildly bearish, while the weekly MACD and KST remain bullish, suggesting mixed signals across different time frames. The Bollinger Bands indicate a mildly bullish trend on both weekly and monthly charts, but overall, the bearish indicators dominate the current technical outlook.
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