Is NMDC technically bullish or bearish?

Jul 29 2025 08:10 AM IST
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As of 28 July 2025, NMDC's technical trend is mildly bullish, supported by a bullish weekly MACD and daily moving averages, although caution is advised due to mildly bearish monthly indicators.
As of 28 July 2025, the technical trend for NMDC has changed from bullish to mildly bullish. The weekly MACD is bullish, supporting a positive short-term outlook, while the monthly MACD is mildly bearish, indicating some caution over a longer time frame. The daily moving averages are bullish, reinforcing the positive sentiment in the short term. However, the monthly Bollinger Bands and KST are both mildly bearish, suggesting potential resistance. Overall, the current technical stance is mildly bullish, driven primarily by the bullish weekly MACD and daily moving averages, despite some bearish signals in the monthly indicators.
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