Is M T N L technically bullish or bearish?

Sep 18 2025 08:07 AM IST
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As of September 17, 2025, the trend has shifted to a bearish stance with moderate strength, driven by bearish indicators like the MACD and moving averages, despite some bullishness in the monthly RSI.
As of 17 September 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a bearish KST on the weekly timeframe. Although the monthly RSI shows bullishness, the overall trend remains bearish due to the prevailing indicators. The stock has underperformed against the Sensex on a year-to-date basis and over the past year, further supporting the bearish outlook.
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