Is Le Travenues technically bullish or bearish?

Sep 04 2025 08:09 AM IST
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As of September 3, 2025, the technical trend has shifted to bullish, supported by strong weekly indicators like the MACD and moving averages, despite a bearish monthly RSI, indicating overall positive momentum.
As of 3 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate a bullish trend. The Bollinger Bands on a weekly basis are bullish, further confirming the upward momentum. Although the monthly RSI shows a bearish signal, the overall strength from the weekly indicators and the bullish Dow Theory on a monthly basis suggest a strong bullish sentiment. The stock has outperformed the Sensex significantly over various time frames, reinforcing the bullish outlook.
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