What is the technical trend for Vega Jewellers?
As of May 28, 2025, Vega Jewellers has shifted to a bullish trend supported by positive MACD and moving averages, although caution is advised due to a bearish monthly RSI.
As of 28 May 2025, the technical trend for Vega Jewellers has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive trend, while the daily moving averages also indicate bullish momentum. The Dow Theory confirms a bullish stance on both weekly and monthly time frames. However, the monthly RSI is bearish, which suggests some caution may be warranted despite the overall bullish indicators. The stock has shown significant outperformance compared to the Sensex across various time frames, further reinforcing the bullish outlook.
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