Is NIBE technically bullish or bearish?

Jun 24 2025 08:09 AM IST
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As of June 23, 2025, the trend is bullish, supported by daily moving averages and weekly MACD, though caution is advised due to mildly bearish signals from the monthly MACD and KST.
As of 23 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong emphasis on the daily moving averages and weekly MACD, both indicating positive momentum. Weekly Bollinger Bands also support this bullish outlook. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer-term view. The overall strength is reinforced by the daily moving averages and the bullish signal from the OBV on a monthly basis.
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