Is MTAR Technologie technically bullish or bearish?

Jun 24 2025 08:13 AM IST
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As of June 23, 2025, MTAR Technologie shows a mildly bearish trend due to daily moving averages, despite mixed signals from weekly and monthly indicators, suggesting a cautious outlook with short-term bearish momentum.
As of 23 June 2025, the technical trend for MTAR Technologie has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. Additionally, the Bollinger Bands show a mildly bullish signal on the weekly chart but are mildly bearish on the monthly chart. The KST is bullish weekly but bearish monthly, while the Dow Theory indicates a mildly bullish stance on both weekly and monthly charts. Overall, the combination of these indicators suggests a cautious outlook, with bearish momentum prevailing in the short term.
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