What is the technical trend for Mercury Trade Li?

Jun 09 2025 06:35 PM IST
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As of May 12, 2025, Mercury Trade Li's technical trend is mildly bearish, influenced by bearish daily moving averages and a mildly bearish Dow Theory, despite a mildly bullish weekly MACD and sideways Bollinger Bands.
As of 12 May 2025, the technical trend for Mercury Trade Li has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the daily moving averages remain bearish. The Dow Theory shows a mildly bearish trend on both weekly and monthly time frames. The RSI does not provide any signals on either time frame, and Bollinger Bands are currently in a sideways movement on the weekly chart. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the mildly bearish Dow Theory.
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