Is MM Forgings technically bullish or bearish?

Nov 04 2025 08:47 AM IST
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As of November 3, 2025, the trend is mildly bearish, supported by daily and weekly indicators, while monthly indicators present mixed signals with some upward momentum.
As of 3 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly Bollinger Bands also showing a mildly bearish trend. The MACD on a weekly basis is mildly bullish, which suggests some upward momentum, but the overall monthly indicators, including MACD and KST, remain bearish. The RSI shows a bullish signal on the monthly timeframe, but with no signal on the weekly, indicating mixed signals. Overall, the strength of the bearish stance is supported by the daily and weekly indicators, while the monthly indicators present a more complex picture.
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