Is Sh.Renuka Sugar technically bullish or bearish?
As of October 24, 2025, the technical trend has shifted to a bearish stance, driven by bearish signals from daily moving averages, weekly KST and MACD, and mildly bearish Bollinger Bands, despite a bullish monthly RSI.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearishness, the weekly KST and MACD both showing bearish signals, and the Bollinger Bands reflecting a mildly bearish condition on both weekly and monthly time frames. Although the monthly RSI is bullish, the overall sentiment is dampened by the bearish signals from other indicators and the recent performance of the stock compared to the Sensex.
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