Is MRPL technically bullish or bearish?

Jul 24 2025 08:05 AM IST
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As of July 23, 2025, MRPL's trend has shifted to bullish, supported by positive daily moving averages and weekly MACD, although monthly indicators suggest some caution.
As of 23 July 2025, the technical trend for MRPL has changed from mildly bullish to bullish. The current stance is bullish with a strong emphasis on the daily moving averages and the weekly MACD, both indicating positive momentum. The Bollinger Bands on the weekly chart also support this bullish outlook. However, the monthly indicators, including MACD and KST, remain mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is reinforced by the positive performance in the weekly OBV and the recent price action, with the stock showing a significant return compared to the Sensex over the past week and month.
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