Is NILE technically bullish or bearish?

Nov 18 2025 08:29 AM IST
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As of November 17, 2025, the technical trend for NILE has shifted to mildly bearish, supported by bearish MACD and KST indicators, while daily moving averages show mild bullishness, leading to a cautious near-term outlook.
As of 17 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD and KST indicators both indicating mild bearishness. The Dow Theory also supports this bearish view on both time frames. While the daily moving averages show a mildly bullish signal, the overall sentiment is tempered by the bearish signals from the Bollinger Bands on the weekly chart. The RSI shows no significant signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, the technical indicators suggest a cautious outlook for NILE in the near term.
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