Is RMC Switchgears technically bullish or bearish?

Sep 10 2025 08:10 AM IST
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As of September 9, 2025, RMC Switchgears is in a bearish trend with moderate strength, indicated by bearish MACD, RSI, Bollinger Bands, and moving averages, along with significant underperformance compared to the Sensex.
As of 9 September 2025, the technical trend for RMC Switchgears has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on both the weekly and daily time frames, a bearish RSI on the weekly, and bearish signals from Bollinger Bands and moving averages. The KST is also mildly bearish, and Dow Theory indicates a lack of trend on the weekly while remaining mildly bearish on the monthly. The stock has shown significant underperformance compared to the Sensex over multiple time frames, further supporting the bearish outlook.
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