Is ITI technically bullish or bearish?

Oct 19 2025 08:05 AM IST
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As of October 17, 2025, the trend is bullish with strong daily moving averages and a positive OBV, despite mixed signals from the monthly MACD and a recent price decline, reflecting a solid 1-year return of 39.70%.
As of 17 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and a bullish OBV on both weekly and monthly time frames. However, the weekly MACD remains bullish while the monthly MACD is mildly bearish, indicating some divergence in longer-term momentum. The Bollinger Bands show a bullish signal on the monthly timeframe, supporting the overall bullish outlook. Despite the recent price decline, the longer-term performance remains strong, with a 1-year return of 39.70%. Overall, the strength of the bullish stance is reinforced by the daily moving averages and the positive OBV, despite some mixed signals in the longer-term indicators.
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