Is I R C T C technically bullish or bearish?

Oct 16 2025 08:06 AM IST
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As of October 15, 2025, the market trend is mildly bearish, driven by bearish monthly MACD and daily moving averages, though short-term indicators like the weekly MACD and RSI show some bullish strength.
As of 15 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, with key indicators driving this assessment being the MACD on a monthly basis, which remains bearish, and the moving averages on a daily basis, which are also bearish. However, the weekly MACD and RSI are showing mildly bullish and bullish signals respectively, indicating some strength in the short term. The Bollinger Bands are mildly bearish on both weekly and monthly time frames, and the KST is bearish on both time frames as well. Overall, while there are some bullish signals in the shorter time frames, the prevailing trend remains mildly bearish.
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