Is MPS technically bullish or bearish?

Oct 14 2025 08:17 AM IST
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As of October 13, 2025, MPS shows a bearish trend with moderate strength, indicated by bearish MACD and moving averages, mixed Bollinger Bands signals, and Dow Theory reflecting no trend weekly and mildly bearish monthly.
As of 13 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish KST on the weekly chart. The Bollinger Bands show a bearish signal on the weekly while being bullish on the monthly, indicating mixed signals. The Dow Theory reflects no trend on the weekly and mildly bearish on the monthly, further supporting the bearish outlook. Overall, the technical indicators suggest a prevailing bearish sentiment for MPS.
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