Is Indo Tech.Trans. technically bullish or bearish?
As of September 25, 2025, the market trend has shifted to bearish with moderate strength, driven by bearish signals from daily moving averages and weekly Bollinger Bands, despite some mild bullishness in the weekly MACD.
As of 25 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearish momentum, the weekly Bollinger Bands also showing a bearish signal, and the overall Dow Theory reflecting a mildly bearish outlook on the weekly timeframe. While the MACD on the weekly is mildly bullish, the monthly MACD and KST are both mildly bearish, suggesting a lack of strong upward momentum. The RSI shows no signals on both weekly and monthly timeframes, indicating indecision. Overall, the bearish trend is reinforced by the negative returns compared to the Sensex, particularly year-to-date.
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