Is Mercury EV-Tech technically bullish or bearish?

Nov 11 2025 08:16 AM IST
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As of November 10, 2025, Mercury EV-Tech is in a bearish trend, supported by negative signals from MACD, Bollinger Bands, and moving averages, despite some mixed signals from KST.
As of 10 November 2025, the technical trend for Mercury EV-Tech has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly and monthly MACD are both bearish, and Bollinger Bands also confirm a bearish outlook. Daily moving averages further support this bearish sentiment. Although the KST shows mildly bullish on the weekly and mildly bearish on the monthly, it does not outweigh the overall bearish indicators. The absence of a clear trend in Dow Theory reinforces the lack of bullish momentum. Overall, the technical indicators suggest a continued bearish environment for Mercury EV-Tech.
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