Is NRB Bearings technically bullish or bearish?

Jul 13 2025 08:04 AM IST
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As of July 11, 2025, the market trend is bullish, supported by positive daily moving averages and weekly MACD, though the weekly RSI indicates some short-term weakness.
As of 11 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, with key indicators supporting this view. The daily moving averages are bullish, and the weekly MACD is also bullish, indicating positive momentum. Additionally, Bollinger Bands on the weekly timeframe are bullish, reinforcing the upward trend. However, the weekly RSI is bearish, suggesting some short-term weakness. The KST and Dow Theory on a weekly basis are bullish and mildly bullish, respectively, further supporting the bullish outlook. Overall, the strength of the bullish stance is moderate, tempered by some mixed signals in the weekly RSI and monthly indicators.
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