What is the technical trend for Rama Steel Tubes?
As of June 6, 2025, Rama Steel Tubes shows a mildly bullish trend, supported by the weekly MACD, Bollinger Bands, and Dow Theory, despite some bearish signals from daily moving averages.
As of 6 June 2025, the technical trend for Rama Steel Tubes has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by bullish signals from the Bollinger Bands and the Dow Theory on both weekly and monthly time frames. The KST is also mildly bullish on the weekly chart, while the OBV aligns with this bullish sentiment. However, the daily moving averages show a mildly bearish trend, which tempers the overall bullish outlook. The RSI shows no signals on both weekly and monthly time frames. Overall, the current stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and Dow Theory indicators.
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