Is M & M technically bullish or bearish?

Jun 10 2025 08:15 AM IST
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As of June 9, 2025, the technical trend is sideways with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, and while Bollinger Bands indicate potential upward movement, daily moving averages are mildly bearish, suggesting a lack of strong direction.
As of 9 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in short-term and long-term momentum. The Bollinger Bands show a mildly bullish trend on the weekly chart and a bullish trend on the monthly chart, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which could weigh on short-term performance. The KST is bullish on the weekly but mildly bearish on the monthly, adding to the mixed outlook. Overall, the indicators suggest a lack of strong direction, reinforcing the sideways trend.
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