Is Nexa Resources SA technically bullish or bearish?

Jun 25 2025 08:59 AM IST
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As of May 23, 2025, Nexa Resources SA is in a strong bearish trend, confirmed by multiple indicators including bearish MACD, moving averages, and Bollinger Bands across various timeframes.
As of 23 May 2025, the technical trend for Nexa Resources SA has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. Both the weekly and monthly MACD are bearish, and the daily moving averages also confirm a bearish outlook. The Bollinger Bands reflect a bearish trend on the monthly timeframe and mildly bearish on the weekly. The KST is bearish weekly and mildly bearish monthly, while Dow Theory shows a mildly bearish stance on the monthly but no trend on the weekly. Overall, the technical indicators suggest a strong bearish sentiment for Nexa Resources SA.
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