What is the technical trend for IBL Finance?

Jun 09 2025 06:54 PM IST
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As of June 6, 2025, IBL Finance shows a mildly bullish trend based on weekly indicators like the MACD and Bollinger Bands, despite some short-term weakness indicated by daily moving averages.
As of 6 June 2025, the technical trend for IBL Finance has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the Bollinger Bands also indicate a bullish stance. The KST and OBV on a weekly basis are mildly bullish, reinforcing the upward momentum. However, the daily moving averages are mildly bearish, suggesting some short-term weakness. The Dow Theory shows a mildly bullish trend on the weekly chart, but no trend is observed on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly indicators.
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