Is NMDC technically bullish or bearish?

Jul 16 2025 08:08 AM IST
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As of July 15, 2025, NMDC's technical trend has shifted to mildly bullish, supported by a bullish weekly MACD and daily moving averages, although caution is advised due to mixed signals from longer-term indicators.
As of 15 July 2025, the technical trend for NMDC has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the daily moving averages also indicate a mildly bullish stance. However, the monthly MACD and KST remain mildly bearish, suggesting some caution. The Bollinger Bands are sideways on the weekly chart and bearish on the monthly, indicating a lack of strong momentum. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and daily moving averages, despite some mixed signals from longer-term indicators.
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