Is IZMO technically bullish or bearish?

Jul 05 2025 08:05 AM IST
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As of July 4, 2025, the market trend is mildly bullish, supported by positive weekly MACD and KST indicators, although daily moving averages suggest short-term caution.
As of 4 July 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and KST indicators, both showing mild bullish momentum. Additionally, the Dow Theory supports this bullish outlook on a weekly basis. Bollinger Bands are also indicating a bullish trend on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which suggests some short-term caution. Overall, the strength of the bullish trend is moderate, supported by positive performance in the last week and month compared to the Sensex.
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