Is Nirlon technically bullish or bearish?

Jul 24 2025 08:05 AM IST
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As of July 23, 2025, Nirlon's trend is mildly bullish, supported by daily moving averages and monthly indicators, despite some short-term bearish signals from weekly MACD and KST.
As of 23 July 2025, the technical trend for Nirlon has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a combination of indicators. The weekly MACD and KST are both mildly bearish, which suggests some weakness in the short term, while the monthly MACD and KST remain bullish, indicating strength over a longer time frame. The daily moving averages are bullish, supporting the upward trend. The Bollinger Bands show a mildly bullish signal on the weekly chart and bullish on the monthly chart, reinforcing the overall positive outlook. However, the Dow Theory indicates a mildly bullish stance on the weekly and mildly bearish on the monthly, adding some caution. Overall, while there are mixed signals, the prevailing trend is mildly bullish.
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