Is Menon Bearings technically bullish or bearish?

Nov 08 2025 08:13 AM IST
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As of November 7, 2025, Menon Bearings shows a mildly bullish trend driven by daily moving averages, though caution is advised due to mixed signals from weekly indicators.
As of 7 November 2025, the technical trend for Menon Bearings has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating a positive trend. However, the weekly MACD and Bollinger Bands are mildly bearish, suggesting some caution in the short term. The monthly indicators, including MACD and KST, are bullish, providing a stronger outlook over a longer time frame. Overall, while there are mixed signals, the shift to a mildly bullish trend indicates a potential for upward movement, albeit with some bearish pressures in the weekly analysis.
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