Is Iris Clothings technically bullish or bearish?
As of October 23, 2025, the trend has shifted to bullish, supported by strong indicators like a bullish MACD, positive moving averages, and a bullish OBV, despite some mixed signals from KST and Dow Theory.
As of 23 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also confirm a bullish trend. The monthly Bollinger Bands are bullish, while the KST and Dow Theory show a mixed picture with mildly bearish signals on the weekly timeframe but mildly bullish on the monthly. The OBV is bullish on both weekly and monthly timeframes, indicating strong buying pressure. Overall, the strength of the bullish trend is reinforced by positive price action, with the stock currently trading above its previous close and near today's high.
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