Is Relaxo Footwear technically bullish or bearish?

Sep 18 2025 08:08 AM IST
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As of September 17, 2025, Relaxo Footwear's technical trend is neutral with mixed signals, showing a sideways movement influenced by varying indicators across different time frames.
As of 17 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 but mildly bearish on the monthly. Moving averages on the daily chart are mildly bearish. The KST is bullish on the weekly but bearish on the monthly, and Dow Theory shows a mildly bullish stance on both weekly and monthly charts. Overall, the indicators suggest a lack of clear direction, reflecting a sideways trend.
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