Is Bharti Hexacom technically bullish or bearish?
As of July 16, 2025, the trend has shifted to bullish with strong indicators like a bullish MACD and moving averages, despite a mildly bearish signal from Dow Theory suggesting some caution.
As of 16 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and moving averages on the daily timeframe also indicate bullish momentum. Bollinger Bands on the weekly are bullish as well. However, the Dow Theory shows a mildly bearish signal on the weekly, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high reaching 1851.80, above the previous close of 1780.75.
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