Is NMDC Steel technically bullish or bearish?
As of June 27, 2025, NMDC Steel's technical trend is sideways with mixed signals, showing mild bullishness in the weekly MACD and KST, but mildly bearish indicators in daily moving averages and Dow Theory, indicating a lack of clear direction.
As of 27 June 2025, the technical trend for NMDC Steel has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bullish, while the daily moving averages indicate a mildly bearish trend. The Bollinger Bands show a bullish stance on the weekly chart but are mildly bearish on the monthly chart. The KST is mildly bullish on the weekly timeframe, and the OBV is also mildly bullish on both weekly and monthly charts. However, the Dow Theory presents a mixed view, being mildly bearish weekly and mildly bullish monthly. Overall, the strength of the technical indicators suggests a lack of clear direction, reinforcing the sideways trend.
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