Is IST technically bullish or bearish?

Sep 08 2025 08:04 AM IST
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As of September 5, 2025, the market sentiment for IST is bearish, with key indicators like the MACD and RSI supporting this view, despite some mildly bullish signals on daily moving averages.
As of 5 September 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames, while the RSI indicates bearish conditions on the weekly and no signal on the monthly. The KST is also mildly bearish on both time frames. Although the daily moving averages show a mildly bullish stance, the overall sentiment is dampened by the weekly Bollinger Bands being bullish and the monthly being mildly bearish. Dow Theory reflects a mildly bearish outlook on the weekly chart with no trend on the monthly. Overall, the bearish indicators dominate, suggesting a weak market sentiment for IST.
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Our weekly and monthly stock recommendations are here
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