Is Le Travenues technically bullish or bearish?

Oct 03 2025 08:22 AM IST
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As of October 1, 2025, the technical trend is mildly bullish due to positive indicators like a bullish MACD and moving averages, though tempered by a mildly bearish Dow Theory and a bearish monthly RSI.
As of 1 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly time-frame, bullish Bollinger Bands on the weekly, and bullish moving averages on the daily. However, the weekly Dow Theory indicates a mildly bearish sentiment, and the monthly RSI shows a bearish signal, which tempers the overall bullish outlook. The stock has shown strong performance year-to-date and over the past year compared to the Sensex, further supporting the mildly bullish stance.
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