Is R&B Denims technically bullish or bearish?

Sep 04 2025 08:05 AM IST
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As of September 3, 2025, R&B Denims is in a bullish trend supported by strong indicators like MACD and Bollinger Bands, although the weekly RSI shows some short-term weakness.
As of 3 September 2025, the technical trend for R&B Denims has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullish momentum on both time frames. Daily moving averages confirm a bullish trend. However, the weekly RSI is bearish, suggesting some short-term weakness, while the KST is bullish weekly but mildly bearish monthly. Dow Theory shows a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the bullish trend is supported by multiple indicators, despite some mixed signals in the short term.
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