Is ITI technically bullish or bearish?
As of August 28, 2025, the technical trend is mildly bearish, indicated by bearish MACD readings, Bollinger Bands, and KST, despite some mild bullish signals from daily moving averages and OBV, with the stock underperforming the Sensex by a 1-week return of -4.69%.
As of 28 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating mild bearishness, along with Bollinger Bands showing bearish signals in both time frames. Additionally, the KST and Dow Theory also reflect a mildly bearish outlook. While daily moving averages are mildly bullish and the OBV shows mild bullishness, these are outweighed by the overall bearish indicators. The stock's recent performance, with a 1-week return of -4.69% compared to a -2.34% return for the Sensex, further supports this bearish stance.
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