Is ITI technically bullish or bearish?

Oct 21 2025 08:21 AM IST
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As of 20 October 2025, the market trend is mildly bullish, supported by daily moving averages and weekly MACD, despite mixed signals from monthly indicators and a lack of clear trends on the weekly chart.
As of 20 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum, while the weekly MACD remains bullish. However, the monthly MACD and KST are mildly bearish, which tempers the overall bullish sentiment. The Bollinger Bands on both weekly and monthly time frames support a bullish outlook. The Dow Theory shows a mildly bullish stance on the monthly chart, but no clear trend on the weekly. Overall, while there are mixed signals across different time frames, the prevailing sentiment is mildly bullish.
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