Is I O C L technically bullish or bearish?

Aug 18 2025 08:04 AM IST
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As of August 14, 2025, the technical trend is mildly bearish due to bearish momentum indicated by weekly MACD, KST, and RSI readings, despite daily moving averages showing a mildly bullish signal.
As of 14 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by weekly MACD and KST readings indicating bearish momentum, alongside a bearish RSI. Bollinger Bands also reflect a mildly bearish condition on the weekly chart. Although daily moving averages show a mildly bullish signal, the overall weekly and monthly indicators suggest weakness in price action. The recent price decline from 142.50 to 140.15 further supports this bearish outlook.
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