Is Mercury EV-Tech technically bullish or bearish?

Nov 09 2025 08:11 AM IST
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As of November 7, 2025, Mercury EV-Tech's technical trend is mildly bearish, driven by bearish moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST, indicating a cautious outlook.
As of 7 November 2025, the technical trend for Mercury EV-Tech has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the Bollinger Bands showing a bearish trend on both weekly and monthly time frames. While the weekly MACD and KST are mildly bullish, they are not strong enough to offset the overall bearish signals from the moving averages and Bollinger Bands. The RSI shows no signals, indicating a lack of momentum in either direction. Overall, the technical indicators suggest a cautious outlook for the stock in the near term.
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