Is MMP Industries technically bullish or bearish?
As of November 10, 2025, the market trend is mildly bearish, supported by bearish signals from the MACD, Bollinger Bands, and KST, despite some mildly bullish indicators from daily moving averages.
As of 10 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the monthly MACD showing a mildly bearish trend. Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the negative sentiment. The KST is also mildly bearish on both time frames, while moving averages on the daily chart are mildly bullish, providing a slight counterpoint. Overall, the lack of strong bullish signals from the RSI and the Dow Theory indicating no trend further supports the bearish outlook.
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