Is M & M technically bullish or bearish?

Jun 14 2025 08:05 AM IST
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As of June 13, 2025, the trend is mildly bullish due to positive weekly indicators, though caution is advised from mixed monthly signals and uncertainty in broader context.
As of 13 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST both indicating bullish momentum, while the daily moving averages also support this bullish outlook. However, the monthly MACD and KST show a mildly bearish stance, suggesting some caution. Bollinger Bands are bullish on the monthly and mildly bullish on the weekly, reinforcing the overall positive sentiment. The lack of clear signals from the RSI and Dow Theory indicates some uncertainty in the broader context. Overall, the strength of the bullish trend is moderate, with mixed signals from longer time frames.
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