Is RBZ Jewellers Lt technically bullish or bearish?

Nov 05 2025 08:34 AM IST
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As of November 4, 2025, the trend has shifted to mildly bullish, supported by positive weekly indicators like the MACD and Bollinger Bands, though caution is advised due to mildly bearish daily moving averages and a lack of momentum confirmation from the RSI.
As of 4 November 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and Dow Theory both indicating mild bullishness. The Bollinger Bands are also bullish on both weekly and monthly time frames. However, the daily moving averages remain mildly bearish, which suggests some caution. The RSI shows no signals on both weekly and monthly charts, indicating a lack of momentum confirmation. Overall, the strength of the bullish stance is moderate, influenced by the positive weekly indicators despite the mixed signals from daily moving averages.
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