Is Bharti Hexacom technically bullish or bearish?
As of June 20, 2025, the trend is mildly bullish due to positive weekly MACD and Bollinger Bands, despite mixed signals from the weekly RSI and OBV, indicating moderate bullish strength influenced by recent price action.
As of 20 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands indicating bullish momentum, alongside daily moving averages also showing bullish signals. However, the weekly RSI and OBV are mildly bearish, which tempers the overall bullish outlook. Dow Theory presents a mixed view with a mildly bearish weekly signal but a bullish monthly signal. Overall, the strength of the bullish stance is moderate, influenced by the recent price action and comparative returns against the Sensex.
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