Is M T N L technically bullish or bearish?

Jun 10 2025 08:11 AM IST
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As of June 9, 2025, MTNL's technical trend is neutral with mixed signals, showing a sideways movement due to conflicting indicators across different time frames.
As of 9 June 2025, the technical trend for M T N L has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands suggest a mildly bullish outlook on the weekly and bullish on the monthly, but daily moving averages are mildly bearish. The KST shows a similar pattern with weekly mildly bullish and monthly mildly bearish signals. Dow Theory indicates no trend on the weekly but mildly bullish on the monthly. Overall, the lack of strong directional indicators and the sideways trend suggest a neutral stance with no clear strength in either direction.
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