Is Mercury EV-Tech technically bullish or bearish?

Nov 10 2025 08:10 AM IST
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As of November 7, 2025, Mercury EV-Tech's trend is mildly bearish, with mixed signals from indicators like MACD and Bollinger Bands, suggesting a cautious outlook due to prevailing bearish tendencies in longer time frames.
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, 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. Bollinger Bands are bearish on both weekly and monthly charts, and daily moving averages are also bearish. The KST indicates a mildly bullish trend on the weekly but is mildly bearish monthly, while Dow Theory shows a mildly bullish stance on the weekly with no trend monthly. Overall, the combination of these indicators suggests a cautious outlook, with bearish tendencies prevailing in the longer time frames.
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