Is Mishra Dhatu Nig technically bullish or bearish?
As of June 9, 2025, Mishra Dhatu Nig's trend has shifted to mildly bearish due to daily moving averages and weekly RSI indicating bearish momentum, despite some bullish signals from the weekly MACD and Bollinger Bands, resulting in a cautious outlook.
As of 9 June 2025, the technical trend for Mishra Dhatu Nig has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. While the weekly MACD remains bullish and the Bollinger Bands are mildly bullish across both weekly and monthly time frames, these are offset by the monthly MACD and KST being mildly bearish. Additionally, the Dow Theory indicates no trend in both weekly and monthly analyses. Overall, the mixed signals suggest a cautious outlook, with bearish indicators gaining more weight in the short term.
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