Is Mehai Technology technically bullish or bearish?

Oct 14 2025 08:20 AM IST
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As of October 13, 2025, Mehai Technology's trend has shifted to a moderate bearish stance, driven by bearish indicators like the MACD and moving averages, despite a mildly bullish monthly trend.
As of 13 October 2025, the technical trend for Mehai Technology has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include the bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. The Bollinger Bands indicate a mildly bullish trend on the monthly, but this is overshadowed by the overall bearish signals in the weekly timeframe. The Dow Theory shows a mildly bearish stance on the weekly as well. The stock has significantly underperformed compared to the Sensex over the past week and year-to-date, further supporting the bearish outlook.
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