Is Le Merite Export technically bullish or bearish?

Nov 04 2025 08:51 AM IST
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As of November 3, 2025, Le Merite Export's trend is mildly bullish due to positive weekly indicators, but caution is advised due to mixed signals from the monthly RSI and weekly KST.
As of 3 November 2025, the technical trend for Le Merite Export has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and Bollinger Bands indicating bullish momentum, while the daily moving averages also support this outlook. However, the monthly RSI is bearish, suggesting some caution. The KST and Dow Theory present mildly bearish signals on a weekly basis, indicating potential weakness. Overall, while there are bullish indicators, the mixed signals suggest a cautious approach.
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