Is Nelcast technically bullish or bearish?
As of 28 October 2025, the trend is mildly bullish due to daily moving averages and a strong weekly RSI, but caution is advised due to a bearish weekly MACD and mixed signals from KST and Dow Theory.
As of 28 October 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and a strong weekly RSI. However, the weekly MACD remains bearish, and both the KST and Dow Theory show mildly bearish signals, suggesting some caution. Overall, the mixed signals indicate a moderately positive outlook, but with underlying bearish pressures in the longer time frames.
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