Is MM Forgings technically bullish or bearish?
As of November 14, 2025, the technical trend is mildly bearish, with daily moving averages and weekly Bollinger Bands indicating bearish momentum, while mixed signals from the MACD and RSI suggest potential upward movement but lack immediate strength.
As of 14 November 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Bollinger Bands also reflecting a mildly bearish outlook. The MACD on the weekly chart is mildly bullish, but the monthly MACD remains bearish, suggesting mixed signals. The RSI shows no signal on the weekly timeframe while being bullish on the monthly, indicating potential for upward movement but lacking immediate strength. Overall, the indicators present a conflicted picture, leaning towards a mildly bearish sentiment.
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