What is the technical trend for IIFL Finance?
As of June 6, 2025, IIFL Finance shows a mildly bullish trend supported by positive weekly indicators, despite mixed signals from monthly MACD and mildly bearish daily moving averages.
As of 6 June 2025, the technical trend for IIFL Finance has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the monthly MACD remains bearish, indicating mixed signals over a longer time frame. The weekly Bollinger Bands are bullish, reinforcing the upward momentum, and the On-Balance Volume (OBV) is also bullish on both weekly and monthly charts, suggesting strong buying pressure. The Dow Theory indicates a mildly bullish stance on both weekly and monthly levels. However, the daily moving averages are mildly bearish, which could temper the bullish outlook in the short term. Overall, the current technical stance is mildly bullish, driven primarily by the weekly indicators and the positive trend change.
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