Is ITI technically bullish or bearish?

Sep 17 2025 08:05 AM IST
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As of September 16, 2025, the market trend is neutral with mixed signals: the weekly MACD is bullish, monthly MACD is mildly bearish, and while Bollinger Bands suggest bullishness, daily moving averages and KST indicate mild bearishness, resulting in a weak overall trend with no strong directional bias.
As of 16 September 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish. Bollinger Bands indicate bullishness on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, and the KST shows mild bearishness on both weekly and monthly charts. Dow Theory presents a mildly bullish outlook on the weekly but is mildly bearish on the monthly. Overall, the strength of the trend is weak, with no strong directional bias indicated by the RSI.
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