Is IST technically bullish or bearish?
As of June 30, 2025, the technical trend is mildly bullish, supported by a positive weekly MACD and bullish monthly RSI and Bollinger Bands, despite some caution from the monthly MACD and daily moving averages.
As of 30 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The weekly RSI shows no signal, but the monthly RSI is bullish, suggesting strength in the longer term. Bollinger Bands are mildly bullish on the weekly and bullish on the monthly, reinforcing the upward momentum. However, daily moving averages are mildly bearish, which could temper short-term enthusiasm. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates a mildly bearish stance weekly while being bullish monthly. Overall, the current technical stance is mildly bullish, driven by the positive weekly MACD and the bullish monthly RSI and Bollinger Bands.
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