Is MM Forgings technically bullish or bearish?

Nov 17 2025 08:07 AM IST
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As of November 14, 2025, the technical trend for MM Forgings is mildly bearish, influenced by daily moving averages and weekly Bollinger Bands, despite some mixed signals from the MACD and RSI.
As of 14 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum and the weekly Bollinger Bands also reflecting a mildly bearish outlook. The MACD shows a mildly bullish signal on the weekly chart, but the monthly perspective remains bearish. The RSI on the monthly chart is bullish, yet the overall sentiment is tempered by the lack of strong bullish signals across other indicators. The KST and OBV on the weekly are mildly bearish, further supporting the cautious stance. Overall, while there are some signs of improvement, the prevailing indicators suggest a mildly bearish outlook for MM Forgings.
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