Is IDBI Bank technically bullish or bearish?

Aug 30 2025 08:04 AM IST
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As of 29 August 2025, IDBI Bank's technical trend has shifted to bearish, indicated by mildly bearish MACD signals, bearish Bollinger Bands, and a mixed Dow Theory outlook, reflecting a recent price decline and weak bullish signals.
As of 29 August 2025, the technical trend for IDBI Bank has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators driving this assessment being the weekly and monthly MACD showing mildly bearish signals, Bollinger Bands indicating bearish conditions, and the KST also reflecting a mildly bearish trend. The Dow Theory presents a mixed view with a weekly mildly bearish stance and a monthly mildly bullish stance. Overall, the strength of the bearish sentiment is supported by the recent price decline and the lack of strong bullish signals across multiple time frames.
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