Is MMP Industries technically bullish or bearish?

Jul 16 2025 08:09 AM IST
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As of July 15, 2025, the market trend is mildly bearish, influenced by daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly charts.
As of 15 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish outlook and a weekly MACD showing mild bullishness but overshadowed by the monthly MACD's mildly bearish signal. The KST is bullish on a weekly basis but mildly bearish monthly, while the OBV reflects a mildly bearish trend weekly, contrasting with a mildly bullish monthly view. Overall, the mixed signals suggest a prevailing bearish sentiment in the short term, despite some bullish indicators in longer time frames.
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