Is Relaxo Footwear technically bullish or bearish?

Nov 11 2025 08:14 AM IST
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As of 10 November 2025, Relaxo Footwear's technical trend is neutral with mixed signals, showing a bearish weekly MACD, a mildly bullish monthly MACD, and no clear direction from other indicators.
As of 10 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 RSI indicates no signal on the weekly chart but is bullish on the monthly. Moving averages on the daily chart are mildly bullish, contrasting with the bearish signals from Bollinger Bands and KST on both weekly and monthly time frames. Dow Theory shows no trend in both weekly and monthly perspectives. Overall, the indicators suggest a lack of clear direction, reinforcing the neutral stance.
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