Is Morepen Labs. technically bullish or bearish?

Nov 13 2025 08:13 AM IST
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As of November 12, 2025, Morepen Labs exhibits a weak bearish trend, with key indicators like the MACD and Bollinger Bands signaling bearish momentum, despite some mild bullishness from the KST.
As of 12 November 2025, the technical trend for Morepen Labs has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, indicating a lack of upward momentum. The Bollinger Bands also reflect a bearish trend on the monthly and mildly bearish on the weekly. Moving averages on the daily timeframe confirm a bearish outlook. Although the KST shows mild bullishness on the weekly, the overall sentiment remains cautious due to the prevailing bearish signals from other indicators. The Dow Theory presents a mixed view with a mildly bearish weekly stance and mildly bullish monthly perspective, further contributing to the neutral to bearish sentiment. Overall, the combination of these indicators suggests a weak bearish trend for Morepen Labs.
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