Is MMP Industries technically bullish or bearish?

Aug 27 2025 08:13 AM IST
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As of August 26, 2025, MMP Industries is in a mildly bearish trend, indicated by daily moving averages and mixed signals from MACD and Bollinger Bands, with the stock trading well below its 52-week high and showing a year-to-date decline.
As of 26 August 2025, the technical trend for MMP Industries has changed from sideways to mildly bearish. The current stance is bearish, driven primarily by the daily moving averages indicating a mildly bearish outlook. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands show a bearish trend on the monthly scale, while the KST and OBV indicate bullishness on the weekly level. Overall, the bearish sentiment is reinforced by the recent price action, with the stock trading significantly below its 52-week high and experiencing a notable decline year-to-date.
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