Is IRM Energy technically bullish or bearish?

Aug 26 2025 08:18 AM IST
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As of August 25, 2025, the technical trend has shifted to a bearish stance with moderate strength, supported by bearish indicators from the MACD, Bollinger Bands, and moving averages, despite a mildly bullish weekly KST.
As of 25 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands confirm this bearish outlook. Daily moving averages also indicate a bearish trend. The Dow Theory shows a mildly bearish stance on the monthly timeframe, while the weekly KST is bullish, but this is not enough to counter the overall bearish signals. The stock has underperformed significantly over the past year, further supporting the bearish sentiment.
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