Is NCL Industries technically bullish or bearish?
As of August 7, 2025, NCL Industries is in a mildly bearish trend, supported by bearish MACD readings, Bollinger Bands, and KST indicators, despite some daily moving averages showing mild bullishness.
As of 7 August 2025, the technical trend for NCL Industries has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating bearish momentum, along with Bollinger Bands showing bearish conditions. The KST also aligns with this bearish sentiment on both weekly and monthly time frames. Although daily moving averages are mildly bullish, they are not strong enough to counteract the overall bearish indicators. The Dow Theory presents a mixed view, being mildly bearish on the weekly and mildly bullish on the monthly, but the prevailing trend remains bearish. Overall, the strength of the bearish stance is supported by the recent price action, with a notable decline in returns compared to the Sensex over multiple time frames.
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