What is the technical trend for Rashi Peripheral?
As of June 2, 2025, Rashi Peripheral's technical trend is mildly bearish despite a recent 17.31% monthly gain, with mixed signals from moving averages and MACD, while the stock remains down 18.78% year-to-date.
As of 2 June 2025, the technical trend for Rashi Peripheral has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD shows a mildly bullish signal. However, the overall sentiment is tempered by the lack of signals in the RSI and Dow Theory across both weekly and monthly time frames. The stock has shown a strong performance over the past month with a return of 17.31%, but it remains down 18.78% year-to-date. The current price of 321.50 is below the previous close of 317.20, reflecting some volatility. Overall, the technical stance is mildly bearish, with key indicators suggesting mixed signals.
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