Is R&B Denims technically bullish or bearish?
As of October 20, 2025, the trend is bullish with strong weekly and monthly MACD signals, although caution is advised due to a bearish weekly RSI and mixed KST indicators.
As of 20 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the weekly and monthly MACD, both showing bullish signals. The daily moving averages also support this bullish outlook. However, the weekly RSI is bearish, which suggests some caution. The Bollinger Bands indicate a mildly bullish trend on the weekly and bullish on the monthly. The KST is bullish on the weekly but mildly bearish on the monthly, adding some mixed signals. Overall, the strength of the bullish stance is reinforced by the recent price action, with today's high matching the 52-week high of 135.00.
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