Is Relaxo Footwear technically bullish or bearish?
As of September 2, 2025, Relaxo Footwear's technical trend is neutral with mixed signals, showing a mildly bullish weekly MACD and RSI, but a bearish monthly MACD and mixed Bollinger Bands, indicating a lack of clear direction.
As of 2 September 2025, the technical trend for Relaxo Footwear has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bullish, while the monthly MACD remains bearish. The weekly RSI shows no signal, but the monthly RSI is bullish. Bollinger Bands indicate a bullish stance on the weekly chart, while the monthly shows a mildly bearish trend. Daily moving averages are mildly bearish, and the weekly KST is bullish, contrasting with the monthly bearish signal. Dow Theory reflects a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, the indicators suggest a lack of clear direction, reinforcing the neutral stance.
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