Is Waaree Renewab. technically bullish or bearish?
As of September 26, 2025, the technical trend is mildly bearish, supported by bearish indicators on the weekly and monthly timeframes, despite some mixed signals from daily moving averages and the weekly MACD.
As of 26 September 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a monthly basis is mildly bearish, while the weekly MACD shows a mildly bullish signal, indicating mixed momentum. The RSI is bearish on the weekly timeframe, suggesting downward pressure. Both the Bollinger Bands and KST are bearish on both weekly and monthly timeframes, reinforcing the bearish outlook. Moving averages indicate a mildly bullish stance on the daily chart, but this is overshadowed by the overall bearish sentiment from the weekly and monthly indicators. The Dow Theory also supports a mildly bearish view on both weekly and monthly scales. Overall, the strength of the bearish stance is moderate, influenced by the mixed signals across different timeframes.
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