Is NIBE technically bullish or bearish?

Oct 27 2025 08:07 AM IST
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As of October 24, 2025, NIBE's technical trend is bearish, supported by bearish signals from Bollinger Bands, moving averages, and KST, despite mixed indications from the MACD.
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 indicated by several key factors. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, which suggests mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages are also bearish, and the KST shows bearish momentum on the weekly and mildly bearish on the monthly. Additionally, the Dow Theory indicates a mildly bearish stance on the weekly and monthly charts. Overall, the combination of these indicators points to a bearish sentiment in the current market environment.
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