Is Innova Captab technically bullish or bearish?

Oct 29 2025 08:22 AM IST
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As of 28 October 2025, the market trend is mildly bearish with mixed signals, as the weekly MACD is bearish, the RSI is bullish, daily moving averages are bearish, and Dow Theory and On-Balance Volume also indicate a cautious bearish outlook.
As of 28 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with some mixed signals. The MACD on the weekly chart remains bearish, while the RSI on the weekly chart is bullish, indicating some strength in momentum. However, the daily moving averages are bearish, and the Bollinger Bands show a mildly bearish trend on the weekly while being mildly bullish on the monthly. Dow Theory indicates a mildly bearish stance on the monthly timeframe, and the On-Balance Volume is also mildly bearish. Overall, the indicators suggest a cautious outlook with bearish tendencies prevailing.
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