Is M & M technically bullish or bearish?

Aug 09 2025 08:10 AM IST
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As of 8 August 2025, M & M's technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite mixed signals from monthly indicators and some bearish trends.
As of 8 August 2025, the technical trend for M & M has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames. Daily moving averages are also mildly bullish, supporting the overall mildly bullish view. However, the KST and Dow Theory indicate a bearish trend on the monthly level, with no clear trend on the weekly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some bearish signals on the monthly indicators.
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