Is RMC Switchgears technically bullish or bearish?

Sep 02 2025 08:17 AM IST
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As of September 1, 2025, RMC Switchgears exhibits a neutral trend with mixed signals: weekly indicators are bullish while monthly indicators are mildly bearish, suggesting potential upward movement but limited short-term gains.
As of 1 September 2025, the technical trend for RMC Switchgears has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages are mildly bearish, which may limit short-term gains. The KST shows a bullish signal weekly but is mildly bearish monthly, adding to the mixed outlook. Overall, the absence of a clear trend in Dow Theory and the lack of signals in RSI further support the neutral stance.
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