Is IST technically bullish or bearish?
As of October 1, 2025, the technical trend has shifted to mildly bearish, supported by bearish MACD readings, Bollinger Bands, and underperformance against the Sensex, despite some daily moving averages suggesting a mildly bullish position.
As of 1 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, supported by the weekly and monthly MACD readings, both indicating a bearish sentiment. The Bollinger Bands also reflect a bearish outlook on both time frames. The KST and Dow Theory align with this bearish sentiment, showing mildly bearish signals. Although the daily moving averages suggest a mildly bullish position, the overall indicators point towards a bearish trend. The stock has underperformed against the Sensex over multiple periods, further reinforcing the bearish stance.
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