Is NRB Bearings technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, NRB Bearings shows a mildly bullish trend primarily supported by the weekly MACD and Bollinger Bands, despite mixed signals from other indicators.
As of 20 June 2025, the technical trend for NRB Bearings has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward momentum. However, the daily moving averages are mildly bearish, which could indicate short-term weakness. The KST is bullish weekly but mildly bearish monthly, and the Dow Theory shows a mildly bullish stance on the monthly chart. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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