Is R&B Denims technically bullish or bearish?

Oct 07 2025 08:11 AM IST
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As of October 6, 2025, the trend is bullish with strong momentum from MACD and moving averages, despite a bearish weekly RSI indicating short-term weakness, while year-to-date returns of 48.18% significantly outperform the Sensex's 4.67%.
As of 6 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong momentum indicated by the weekly and monthly MACD being bullish, alongside bullish signals from Bollinger Bands and daily moving averages. However, the weekly RSI is bearish, suggesting some short-term weakness. The KST shows a bullish trend on the weekly but is mildly bearish on the monthly, indicating mixed signals. Overall, the strength of the bullish trend is supported by significant returns over various periods, particularly a 48.18% year-to-date return compared to the Sensex's 4.67%.
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