Is NRB Bearings technically bullish or bearish?

Jun 25 2025 09:28 AM IST
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As of June 24, 2025, NRB Bearings shows a mildly bullish trend supported by positive weekly indicators, despite mixed signals from monthly data and some short-term weakness.
As of 24 June 2025, the technical trend for NRB Bearings has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands show a mildly bullish stance on the weekly chart and a bullish stance on the monthly chart, reinforcing the upward momentum. However, daily moving averages are mildly bearish, suggesting short-term weakness. The KST is bullish on the weekly chart but mildly bearish on the monthly, and the Dow Theory indicates no trend on the weekly but is mildly bullish on the monthly. Overall, the current technical stance is mildly bullish, driven by the positive weekly indicators despite some mixed signals from the monthly data.
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