Is Mercury EV-Tech technically bullish or bearish?

Oct 08 2025 08:09 AM IST
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As of October 7, 2025, Mercury EV-Tech's technical trend is mildly bearish, with mixed signals from key indicators like MACD, RSI, and Bollinger Bands suggesting a cautious outlook.
As of 7 October 2025, the technical trend for Mercury EV-Tech has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Bollinger Bands indicate a bearish trend on the weekly and mildly bearish on the monthly, while moving averages are bearish on the daily. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory reflects a mildly bearish stance weekly while being mildly bullish monthly. Overall, the combination of these indicators suggests a cautious outlook for Mercury EV-Tech.
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