Is Mercury EV-Tech technically bullish or bearish?

Nov 14 2025 08:12 AM IST
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As of November 13, 2025, Mercury EV-Tech's technical trend has shifted to bearish, supported by negative signals from the MACD, Bollinger Bands, and moving averages, despite a mildly bullish KST signal on the weekly chart.
As of 13 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 from the weekly and monthly MACD both showing bearish signals. The Bollinger Bands also confirm a bearish outlook on both time frames. Daily moving averages further support this bearish sentiment. Although the KST indicates a mildly bullish signal on the weekly chart, it is overshadowed by the overall bearish indicators. The lack of trend in Dow Theory on both weekly and monthly charts reinforces the bearish position. Overall, the technical stance is bearish with significant weakness indicated across multiple indicators.
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