Is NMDC Steel technically bullish or bearish?
As of June 30, 2025, NMDC Steel's trend is mildly bearish with conflicting signals from indicators, as the weekly MACD is mildly bullish while the RSI and moving averages suggest downward momentum.
As of 30 June 2025, the technical trend for NMDC Steel has changed from sideways to mildly bearish. The current stance is bearish with mild strength. The weekly MACD indicates a mildly bullish signal, but the weekly RSI is bearish, suggesting downward momentum. Daily moving averages are also mildly bearish, reinforcing the negative outlook. While the Bollinger Bands show a mildly bullish trend on the weekly chart, the monthly perspective is mildly bearish. The Dow Theory indicates no trend on the weekly chart but is mildly bullish on the monthly, adding some conflicting signals. Overall, the bearish indicators are stronger at this time.
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