Is MMP Industries technically bullish or bearish?

Jul 02 2025 08:18 AM IST
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As of July 1, 2025, the technical trend is neutral with mixed indicators, showing a shift from mildly bearish to sideways, as weekly and monthly MACD diverge, Bollinger Bands suggest potential upward movement, and daily moving averages indicate limited short-term gains.
As of 1 July 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum across time frames. Bollinger Bands are bullish on both weekly and monthly charts, suggesting potential upward movement. However, daily moving averages are mildly bearish, which may limit short-term gains. The KST shows a mildly bullish stance weekly but is mildly bearish monthly, further contributing to the mixed signals. Overall, the lack of strong directional indicators suggests a sideways movement in the near term.
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