Is Nippon Life Ind. technically bullish or bearish?
As of June 27, 2025, the trend is bullish with strong daily moving averages and weekly MACD indicating positive momentum, although caution is advised due to a bearish weekly RSI.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong emphasis on the daily moving averages and the weekly MACD, both indicating positive momentum. The Bollinger Bands are also bullish on both weekly and monthly time frames, supporting the upward trend. However, the weekly RSI is bearish, which suggests some caution in the short term. Overall, the strength of the bullish signal is reinforced by the positive OBV readings on both weekly and monthly charts.
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