Is NMDC Steel technically bullish or bearish?

Aug 15 2025 08:08 AM IST
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As of 14 August 2025, NMDC Steel's trend has shifted to sideways with mixed signals: the weekly MACD is mildly bullish, the RSI shows bearish momentum, and daily moving averages are mildly bearish, indicating a lack of strong directional movement.
As of 14 August 2025, the technical trend for NMDC Steel has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the RSI indicates bearish momentum. Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly. Daily moving averages are mildly bearish, and the Dow Theory indicates a mildly bullish trend on the weekly timeframe. Overall, the indicators suggest a lack of strong directional movement, reinforcing the sideways trend.
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