Is Rolex Rings technically bullish or bearish?

Aug 23 2025 08:07 AM IST
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As of August 22, 2025, Rolex Rings is in a bearish trend with moderate strength, indicated by bearish MACD, RSI, and moving averages, despite some bullishness from the KST, supported by significant declines in performance year-to-date and over the past year.
As of 22 August 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Rolex Rings is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, a bearish RSI on the weekly chart, and bearish moving averages on the daily timeframe. Additionally, Bollinger Bands indicate a bearish trend on the monthly level. Although the KST shows bullishness on the weekly timeframe, it is overshadowed by the overall bearish signals from other indicators. The stock's recent performance, with a significant decline year-to-date and over the past year, further supports the bearish outlook.
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