Is Le Merite Export technically bullish or bearish?

Jul 15 2025 08:14 AM IST
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As of July 14, 2025, Le Merite Export shows a mildly bullish trend supported by daily moving averages, but mixed signals from weekly MACD, KST, and RSI suggest a cautious outlook.
As of 14 July 2025, the technical trend for Le Merite Export has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are mildly bearish, and the RSI is bearish across both weekly and monthly time frames, suggesting some weakness. The Bollinger Bands show a mildly bullish trend on the weekly and bullish on the monthly, while Dow Theory indicates no trend on the weekly but bullish on the monthly. Overall, the mixed signals indicate a cautious bullish outlook, with strength primarily from the daily moving averages and monthly Bollinger Bands.
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