Is ITC technically bullish or bearish?
As of July 10, 2025, the trend is mildly bearish, supported by bearish signals from the weekly MACD and daily moving averages, despite a bullish weekly RSI, with overall indicators suggesting weakness against the Sensex.
As of 10 July 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing a bearish signal. The weekly RSI is bullish, which contrasts with the overall bearish sentiment, but the monthly indicators, including the Bollinger Bands and Dow Theory, suggest a mildly bearish outlook. The KST and OBV on a monthly basis are also mildly bearish, reinforcing the overall trend. The price action shows a recent high of 420.50, but the stock has underperformed against the Sensex in the longer term, indicating weakness.
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