Is Waaree Renewab. technically bullish or bearish?
As of 20 October 2025, the trend is mildly bullish due to daily moving averages and weekly MACD showing bullish momentum, but caution is advised as monthly indicators are mildly bearish.
As of 20 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish characteristics. However, the monthly indicators, including MACD and KST, are mildly bearish, suggesting some caution. The Bollinger Bands on the weekly chart are mildly bullish, while the Dow Theory indicates no trend on the weekly but is mildly bullish on the monthly. Overall, the mixed signals across different time frames suggest a cautious bullish outlook.
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