Is NRB Bearings technically bullish or bearish?
As of July 3, 2025, the market trend is bullish with moderate strength, supported by positive indicators like the weekly MACD and daily moving averages, though caution is advised due to some bearish signals in longer-term indicators.
As of 3 July 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish signals from Bollinger Bands and moving averages on the daily timeframe, and a bullish KST on the weekly. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish stance on both weekly and monthly timeframes. Overall, while there are mixed signals in the longer-term indicators, the prevailing trend is bullish.
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