Is MRF technically bullish or bearish?
As of September 2, 2025, MRF's technical trend is bullish with moderate strength, supported by positive indicators like the monthly MACD and Bollinger Bands, although caution is advised due to mildly bearish signals from the weekly MACD and KST.
As of 2 September 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for MRF is bullish with moderate strength. Key indicators driving this stance include the monthly MACD showing bullish momentum, consistent bullish signals from both weekly and monthly Bollinger Bands, and the daily moving averages indicating a bullish trend. Additionally, Dow Theory supports a bullish outlook on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, which suggests some caution. Overall, the bullish trend is reinforced by strong performance compared to the Sensex across multiple time frames.
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