Is NIBE technically bullish or bearish?

Jul 20 2025 08:04 AM IST
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As of July 18, 2025, the trend is mildly bullish due to positive indicators like a bullish MACD and Bollinger Bands, but mixed signals from the monthly data suggest caution.
As of 18 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. Moving averages are also indicating a mildly bullish trend on the daily chart. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, while there are positive indicators, the mixed signals from the monthly data indicate a lack of strong momentum.
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