Is NIBE technically bullish or bearish?

Sep 19 2025 08:07 AM IST
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As of September 18, 2025, NIBE's technical trend has shifted to a bearish stance, driven by bearish indicators such as the weekly MACD, daily moving averages, and weekly KST, despite a mildly bullish signal from Dow Theory.
As of 18 September 2025, the technical trend for NIBE has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the weekly MACD being bearish, daily moving averages indicating bearishness, and the weekly KST also showing bearish momentum. Although the Dow Theory presents a mildly bullish signal on the weekly timeframe, it is overshadowed by the overall bearish indicators. The lack of strong signals from the RSI and Bollinger Bands further supports the bearish outlook.
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