Daily chart Analysis on

ROUTE

Route Mobile – Technical & Market View Route Mobile has been in a consistent downtrend since mid-July 2025, falling from levels above ₹1,000 and now trading near ₹855.80. On the latest trading session, the stock opened at ₹859.40, touched a high of ₹870.00, a low of ₹849.00, and finally closed at ₹855.80, reflecting continued weakness and lack of follow-up buying. From a technical perspective, the stock is still trading below all major moving averages, which confirms a bearish structure. The 14-day EMA near 870 is acting as a strong short-term resistance, while the stock is also facing pressure below the 50-day EMA around 920–930 and the 200-day EMA above 1,100. Until these levels are crossed, the trend remains weak. The Parabolic SAR continues to stay above the candles, indicating that selling pressure has not yet faded. Meanwhile, RSI at 36 shows that momentum is weak and the stock is hovering near oversold territory, which sometimes leads to a short-term bounce. MACD is still negative, signaling bearish bias with no strong reversal sign yet.