Is Marine Electric. technically bullish or bearish?

Oct 21 2025 08:25 AM IST
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As of 20 October 2025, Marine Electric's technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite mixed signals from other indicators like the monthly MACD and daily moving averages.
As of 20 October 2025, the technical trend for Marine Electric has changed from sideways to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential strength. Bollinger Bands are mildly bullish on the weekly and bullish on the monthly, supporting the upward momentum. Moving averages indicate a mildly bearish stance on the daily chart, which contrasts with the overall mildly bullish trend. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows no trend weekly while being mildly bullish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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