What is the technical trend for REC Ltd?
As of May 12, 2025, REC Ltd's technical trend is mildly bearish, with mixed signals from indicators like the MACD, KST, and moving averages, suggesting caution despite some positive momentum on the weekly chart.
As of 12 May 2025, the technical trend for REC Ltd has changed from bearish to mildly bearish. The weekly MACD and KST are mildly bullish, indicating some positive momentum, while the monthly MACD and KST are mildly bearish, suggesting caution. The daily moving averages are mildly bearish, which aligns with the overall trend. The Bollinger Bands show a bullish stance on the weekly chart but are mildly bearish on the monthly chart. The RSI indicates no signal in both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from the moving averages and the monthly indicators.
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