What is the technical trend for Innovative Ideal?

Jun 09 2025 06:40 PM IST
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As of June 6, 2025, the trend is mildly bullish due to positive daily moving averages, but caution is advised as weekly and monthly indicators remain bearish.
As of 6 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating a positive shift. However, the weekly and monthly MACD and KST remain mildly bearish, suggesting caution in the longer time frames. The Bollinger Bands are also bearish on both weekly and monthly charts, which adds to the mixed signals. The Dow Theory indicates a mildly bullish trend on the weekly basis, but there is no clear trend on the monthly. Overall, while there are some bullish indicators, the strength is tempered by bearish signals in other areas.
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