Is ITC technically bullish or bearish?

Jul 25 2025 08:05 AM IST
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As of July 24, 2025, ITC's technical trend has shifted to bearish, supported by indicators like a bearish MACD, Bollinger Bands, and moving averages, despite a bullish weekly RSI.
As of 24 July 2025, the technical trend has changed from mildly bearish to bearish. The current stance for ITC is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST and Dow Theory also indicate bearish conditions on the weekly basis. Although the weekly RSI is bullish, the overall technical picture remains negative, particularly with a recent decline in price from the previous close.
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