Is ITI technically bullish or bearish?

Jun 28 2025 08:04 AM IST
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As of June 27, 2025, the trend is mildly bullish due to positive short-term indicators, but caution is warranted as longer-term signals remain mildly bearish.
As of 27 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish signals from Bollinger Bands and moving averages on the daily timeframe. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The weekly RSI is bearish, which adds to the mixed signals. Overall, while there are bullish indicators in the short term, the longer-term outlook shows some bearish pressure that could temper enthusiasm.
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