Is IOL Chemicals technically bullish or bearish?

Oct 09 2025 08:10 AM IST
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As of October 8, 2025, IOL Chemicals exhibits a bullish technical trend supported by strong MACD and moving averages, despite some caution from Dow Theory and OBV indicators.
As of 8 October 2025, the technical trend for IOL Chemicals has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages on the daily chart are also bullish. While the Bollinger Bands indicate a mildly bullish trend on the weekly chart, they are bullish on the monthly chart. The KST shows a mildly bearish signal on the weekly time frame but remains bullish monthly. Overall, the lack of clear trends in Dow Theory and OBV suggests some caution, but the prevailing bullish indicators indicate a strong upward momentum.
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