Is NILE technically bullish or bearish?
As of November 7, 2025, the technical trend is mildly bearish, supported by bearish indicators like the MACD and Bollinger Bands, despite a mildly bullish signal from daily moving averages.
As of 7 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is mildly bearish on both the weekly and monthly time frames, and the Bollinger Bands also indicate a bearish outlook on both time frames. The KST and Dow Theory confirm a mildly bearish stance on the weekly and monthly charts. Although the daily moving averages show a mildly bullish signal, the overall trend remains bearish due to the prevailing indicators. The stock has underperformed significantly over the past month and year compared to the Sensex, further supporting the bearish sentiment.
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