Is Nitin Spinners technically bullish or bearish?

Aug 20 2025 08:07 AM IST
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As of 19 August 2025, Nitin Spinners has shifted to a bearish trend with moderate strength, driven by bearish indicators from MACD, moving averages, and KST, despite mixed signals from Dow Theory and OBV.
As of 19 August 2025, the technical trend for Nitin Spinners has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD being bearish, daily moving averages indicating a bearish trend, and the weekly KST and Bollinger Bands both showing mildly bearish signals. The Dow Theory presents a mixed view with a mildly bearish weekly outlook and a mildly bullish monthly perspective, while the OBV shows a mildly bearish weekly trend but a mildly bullish monthly trend. Overall, the bearish signals dominate in the short to medium term.
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