Is Le Merite Export technically bullish or bearish?

Nov 06 2025 08:32 AM IST
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As of November 4, 2025, the trend is bullish with strong daily moving averages and a bullish weekly MACD, but caution is warranted due to a bearish monthly RSI and mildly bearish weekly KST, indicating mixed signals overall.
As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, with a strong emphasis on the daily moving averages indicating bullish momentum. The weekly MACD is also bullish, supporting the overall positive outlook. However, the monthly RSI shows a bearish signal, which introduces some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward potential. Despite the bullish indicators, the weekly KST is mildly bearish, indicating some underlying weakness. Overall, the strength of the bullish stance is tempered by mixed signals from the RSI and KST.
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