Is Relaxo Footwear technically bullish or bearish?
As of November 7, 2025, Relaxo Footwear's trend is mildly bearish, supported by bearish signals from the weekly MACD and KST, despite some mildly bullish indicators on the monthly charts.
As of 7 November 2025, the technical trend for Relaxo Footwear has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the Bollinger Bands also signaling bearish conditions. The weekly KST is bearish, further supporting this view. Although the monthly MACD and RSI show mildly bullish and bullish signals respectively, the overall strength remains weak due to the prevailing bearish indicators on the weekly charts. The daily moving averages are mildly bullish, but this is not enough to offset the bearish signals from the longer time frames.
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