Is Relaxo Footwear technically bullish or bearish?

Nov 07 2025 08:12 AM IST
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As of November 6, 2025, Relaxo Footwear's technical trend is neutral with mixed signals, showing a shift from mildly bearish to sideways, as weekly indicators are bearish while monthly indicators are mildly bullish, indicating a lack of strong directional momentum.
As of 6 November 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 bearish, while the monthly MACD shows a mildly bullish trend. The weekly RSI indicates no signal, but the monthly RSI is bullish. Bollinger Bands are mildly bearish on both weekly and monthly charts. Daily moving averages are mildly bullish, but the KST is bearish on both weekly and monthly time frames. Dow Theory shows a mildly bearish stance on the weekly chart, with no trend on the monthly. Overall, the indicators suggest a lack of strong directional momentum, leading to a neutral outlook.
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