Is Nelcast technically bullish or bearish?
As of October 6, 2025, Nelcast's technical trend is mildly bearish, supported by bearish signals from the MACD, KST, and Bollinger Bands, despite some mildly bullish signals from daily moving averages.
As of 6 October 2025, the technical trend for Nelcast has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST indicators both indicating a bearish sentiment, along with the Bollinger Bands reflecting a bearish condition. The Dow Theory also supports a mildly bearish outlook on the weekly timeframe. However, the daily moving averages show a mildly bullish signal, which adds some complexity to the overall picture. The lack of signals from the RSI and OBV further indicates a neutral stance in those areas. Overall, the bearish indicators are currently stronger, leading to a mildly bearish assessment.
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