What is the technical trend for Le Merite Export?

Jun 09 2025 06:47 PM IST
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As of May 26, 2025, Le Merite Export's technical trend is mildly bullish, supported by bullish monthly MACD and Bollinger Bands, despite bearish signals from the RSI on both weekly and monthly time frames.
As of 26 May 2025, the technical trend for Le Merite Export has changed from bullish to mildly bullish. The weekly MACD indicates a mildly bearish stance, while the monthly MACD remains bullish. The RSI shows bearish signals on both weekly and monthly time frames. Bollinger Bands are bullish on both weekly and monthly charts, and daily moving averages are bullish. Dow Theory suggests a mildly bullish trend on the weekly chart, but there is no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the monthly MACD and Bollinger Bands, despite the bearish signals from the RSI.
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