Is ITI technically bullish or bearish?

Jun 29 2025 08:03 AM IST
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As of June 27, 2025, the trend has shifted to mildly bullish, supported by bullish MACD and Bollinger Bands, though caution is advised due to a bearish weekly RSI and mixed indicators.
As of 27 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. Daily moving averages also indicate a bullish trend. However, the weekly RSI remains bearish, suggesting some caution. Overall, the strength of the bullish signal is tempered by mixed indicators, particularly the mildly bearish monthly MACD and KST.
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