Is IOL Chemicals technically bullish or bearish?

Jun 21 2025 08:04 AM IST
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As of June 20, 2025, IOL Chemicals shows a neutral technical stance with mixed signals: bullish weekly MACD and KST, bearish RSI, and mildly bearish daily moving averages, indicating uncertainty in the market.
As of 20 June 2025, the technical trend for IOL Chemicals has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the RSI is bearish, indicating a divergence in momentum. The Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which could limit short-term gains. The KST indicates a bullish weekly trend but is bearish monthly, adding to the mixed outlook. Overall, the strength of the current stance is weak, reflecting uncertainty in the market.
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