Is Indian Energy Ex technically bullish or bearish?
As of July 25, 2025, the market trend is mildly bearish, supported by bearish signals from the MACD, Bollinger Bands, KST, and OBV, despite some mixed signals from daily moving averages and RSI.
As of 25 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is showing a mildly bearish signal on both the weekly and monthly time frames. The Bollinger Bands also indicate bearish conditions on both time frames. The KST and OBV are aligned with this bearish sentiment, both showing mildly bearish readings. Although the daily moving averages are mildly bullish, the overall weekly and monthly indicators suggest a bearish outlook. The RSI is bullish on the weekly but shows no signal on the monthly, indicating mixed signals. Overall, the bearish indicators outweigh the bullish ones, reinforcing the mildly bearish stance.
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