Is MRPL technically bullish or bearish?

Nov 05 2025 08:30 AM IST
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As of November 4, 2025, MRPL's trend is bullish with strong indicators, although caution is advised due to a bearish weekly RSI, while it shows positive performance against the Sensex in the short term.
As of 4 November 2025, the technical trend for MRPL has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly and monthly MACD are both bullish, and the Bollinger Bands confirm a bullish trend in both time frames. Daily moving averages also indicate bullish momentum. However, the weekly RSI is bearish, which suggests some caution, while the monthly RSI shows no signal. The KST indicates a bullish weekly trend but is bearish monthly, and Dow Theory reflects a mildly bullish stance in both weekly and monthly assessments. Overall, the strength of the bullish trend is supported by the positive performance against the Sensex, particularly in the 1-week and 1-month returns.
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