REC shares jump over 6% on signing MoU with PNB to finance infrastructure projects
Technically, the stock's day RSI (14) is at 65.7. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. MACD is at 11, which is above its center and signal Line, this is a bullish indicator. Shares of REC are trading higher than the 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day moving averages.