Is NMDC Steel technically bullish or bearish?
As of August 14, 2025, NMDC Steel's technical trend is neutral with mixed signals, showing a mildly bullish weekly MACD and bearish RSI, indicating market indecision and short-term weakness.
As of 14 August 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 weekly RSI is bearish, indicating a lack of momentum. Bollinger Bands on the weekly chart are bullish, but the daily moving averages are mildly bearish, suggesting short-term weakness. The Dow Theory shows a mildly bullish stance on the weekly timeframe, while the monthly indicators do not provide a clear trend. Overall, the strength of the current stance is weak, reflecting indecision in the market.
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