Is NIIT technically bullish or bearish?

Oct 17 2025 08:09 AM IST
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As of October 16, 2025, NIIT's technical trend has shifted to a bearish stance with moderate strength, supported by bearish daily moving averages and weekly Bollinger Bands, despite mixed signals from the MACD.
As of 16 October 2025, the technical trend for NIIT has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages which are bearish, and the weekly Bollinger Bands also indicating a bearish trend. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, suggesting mixed signals across time frames. The KST and Dow Theory are both bearish on the weekly and monthly, reinforcing the bearish outlook. Overall, the combination of these indicators points to a bearish sentiment in the current market environment.
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