Is MRF technically bullish or bearish?

Nov 20 2025 08:11 AM IST
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As of November 19, 2025, the technical trend is mildly bullish, supported by daily moving averages and Bollinger Bands, despite mixed signals from the weekly MACD and Dow Theory.
As of 19 November 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, supported by daily moving averages indicating mild bullishness and Bollinger Bands showing a mildly bullish trend on both weekly and monthly time frames. However, the weekly MACD is mildly bearish, and the weekly Dow Theory is also mildly bearish, which tempers the overall bullish sentiment. The KST remains bullish on both weekly and monthly time frames, indicating some strength in the longer-term outlook. Overall, while there are mixed signals, the prevailing stance is mildly bullish.
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