Is MPS technically bullish or bearish?

Oct 10 2025 08:08 AM IST
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As of October 9, 2025, MPS is in a mildly bearish trend, indicated by bearish MACD readings, moving averages, and KST, despite a bullish signal from Bollinger Bands on the monthly chart.
As of 9 October 2025, the technical trend for MPS 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 moving averages are also mildly bearish on the daily timeframe. Additionally, the KST and Dow Theory both reflect a mildly bearish outlook on the weekly and monthly charts. While Bollinger Bands show a bullish signal on the monthly timeframe, the overall sentiment remains cautious due to the prevailing bearish indicators.
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