What is the technical trend for M T N L?

Jun 09 2025 05:37 PM IST
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As of June 3, 2025, MTNL's technical trend is mildly bullish, supported by weekly indicators like the MACD and OBV, despite some bearish signals from daily moving averages and monthly indicators.
As of 3 June 2025, the technical trend for M T N L has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by a bullish signal from the Bollinger Bands and a bullish reading from the On-Balance Volume (OBV). However, the daily moving averages show a mildly bearish trend, which tempers the overall bullish sentiment. The KST is mildly bullish on the weekly but mildly bearish on the monthly, while the monthly MACD also reflects a mildly bearish outlook. Overall, the current technical stance is mildly bullish, driven primarily by the weekly indicators and the strength of the OBV.
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