Is Relaxo Footwear technically bullish or bearish?

Sep 10 2025 08:07 AM IST
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As of September 9, 2025, Relaxo Footwear's technical trend is neutral with mixed signals, showing a mildly bullish weekly MACD and KST, but a bearish monthly MACD and KST, indicating no strong directional bias.
As of 9 September 2025, the technical trend for Relaxo Footwear has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands indicate a mildly bullish stance weekly and mildly bearish monthly. Daily moving averages are mildly bearish, contrasting with the weekly KST, which is bullish, while the monthly KST is bearish. Dow Theory shows no trend on the weekly chart but is mildly bullish monthly. The On-Balance Volume (OBV) is bullish for both weekly and monthly periods. Overall, the mixed signals suggest a neutral stance with no strong directional bias at this time.
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