Is NIBE technically bullish or bearish?

Oct 25 2025 08:17 AM IST
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As of October 24, 2025, NIBE's technical trend is bearish with moderate strength, driven by bearish signals from moving averages and Bollinger Bands, despite mixed MACD readings.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for NIBE is bearish with a moderate strength. Key indicators driving this stance include the bearish signals from the daily moving averages and the weekly Bollinger Bands, along with the bearish readings from the KST and Dow Theory on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by the recent price action, with a significant decline over the past month and year compared to the Sensex.
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