Is Nippon Life Ind. technically bullish or bearish?

Aug 29 2025 08:07 AM IST
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As of August 28, 2025, Nippon Life Ind. shows a mildly bullish trend, supported by bullish MACD indicators and moving averages, despite some caution from the KST and recent price declines.
As of 28 August 2025, the technical trend for Nippon Life Ind. has changed from bullish to mildly bullish. The weekly and monthly MACD indicators are bullish, supporting a positive outlook. However, the KST is mildly bearish on both time frames, indicating some caution. The Bollinger Bands and moving averages are both mildly bullish on the weekly and daily charts, suggesting a slight upward momentum. Dow Theory remains bullish on both the weekly and monthly charts, reinforcing the overall positive sentiment. Despite recent price declines, the stock has shown strong performance over longer periods, particularly in the 3-year and 5-year returns. Overall, the current stance is mildly bullish, with key indicators like MACD and moving averages driving this view.
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