Is IRM Energy technically bullish or bearish?
As of July 23, 2025, IRM Energy's trend is mildly bearish, influenced by daily moving averages, while weekly indicators show mixed signals, reflecting a significant annual decline of -33.38% compared to the Sensex's gain of 2.86%.
As of 23 July 2025, the technical trend for IRM Energy has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the weekly MACD and Bollinger Bands show mildly bullish signals. However, the Dow Theory presents a mixed view with a mildly bearish weekly stance and a mildly bullish monthly stance. The overall weakness is reflected in the recent price performance, with a significant decline over the past year of -33.38%, contrasting with the Sensex's gain of 2.86%.
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