Is Menon Bearings technically bullish or bearish?
As of July 25, 2025, Menon Bearings shows a bullish trend with moderate strength, supported by a bullish MACD, Bollinger Bands, and moving averages, though caution is advised due to a bearish weekly RSI and mixed signals from Dow Theory and KST.
As of 25 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly charts, and a bullish moving average on the daily timeframe. However, the weekly RSI is bearish, which suggests some caution. The Dow Theory indicates a mildly bullish stance on both weekly and monthly levels, while the KST shows a bullish weekly but bearish monthly signal. Overall, the combination of these indicators supports a bullish outlook for Menon Bearings.
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