Is IOL Chemicals technically bullish or bearish?

Jun 19 2025 08:05 AM IST
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As of June 18, 2025, IOL Chemicals shows a mildly bearish trend due to daily moving averages and weekly RSI indicating bearish sentiment, despite some bullish signals from weekly MACD and KST, leading to a cautious outlook overall.
As of 18 June 2025, the technical trend for IOL Chemicals has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly RSI also reflecting bearish conditions. While the weekly MACD and KST are bullish, the overall monthly indicators, including MACD and KST, are bearish. The Bollinger Bands suggest a mildly bullish outlook on both weekly and monthly time frames, but this is overshadowed by the bearish signals from the daily moving averages and the weekly RSI. Overall, the mixed signals indicate a cautious bearish sentiment in the current market environment.
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