What is the technical trend for Mercury EV-Tech?

Jun 09 2025 06:39 PM IST
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As of June 4, 2025, Mercury EV-Tech's trend has shifted to bearish, driven by negative signals from daily moving averages, weekly RSI, and Bollinger Bands, despite a mildly bullish weekly MACD.
As of 4 June 2025, the technical trend for Mercury EV-Tech has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages showing a bearish signal, the weekly RSI indicating bearish momentum, and both weekly and monthly Bollinger Bands confirming a bearish trend. Although the weekly MACD is mildly bullish, the overall sentiment remains negative due to the prevailing bearish signals across multiple indicators.
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