Is RBZ Jewellers Lt technically bullish or bearish?
As of November 4, 2025, the trend has shifted to mildly bullish, supported by positive indicators like the weekly MACD and Bollinger Bands, though caution is advised due to mildly bearish daily moving averages.
As of 4 November 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a weekly MACD indicating mild bullishness, bullish signals from the Bollinger Bands on both weekly and monthly time frames, and a mildly bullish reading from the Dow Theory. The On-Balance Volume (OBV) also reflects mild bullishness on the weekly and monthly charts. However, the daily moving averages remain mildly bearish, which suggests some caution. Overall, the strength of the bullish trend appears moderate, with key indicators supporting a positive outlook in the short to medium term.
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