Is IST technically bullish or bearish?

Jul 22 2025 08:12 AM IST
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As of July 21, 2025, the trend has shifted to mildly bullish due to positive daily moving averages and weekly MACD signals, though caution is advised due to a bearish weekly RSI and mixed monthly indicators.
As of 21 July 2025, the technical trend changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the weekly RSI remains bearish, suggesting some caution. The monthly indicators present a mixed picture with the MACD and KST both mildly bearish, while Bollinger Bands are sideways. Overall, the strength of the bullish stance is tempered by the bearish signals from the weekly RSI and the lack of a clear trend in Dow Theory.
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