Is Nippon Life Ind. technically bullish or bearish?
As of June 20, 2025, the technical trend is bullish with strong indicators, although there is some divergence in the MACD and mixed momentum signals from the RSI.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish, with strong indicators supporting this view. The daily moving averages are bullish, and both the weekly and monthly Bollinger Bands are bullish. However, the weekly MACD is bullish while the monthly MACD is mildly bearish, indicating some divergence in the longer time frame. The weekly RSI is bearish, but the monthly RSI shows no signal, suggesting mixed momentum. Overall, the monthly Dow Theory is bullish, reinforcing the positive outlook. The stock has shown strong performance relative to the Sensex over multiple periods, particularly over the 3-year and 5-year horizons.
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