Is BHEL technically bullish or bearish?
As of July 10, 2025, the trend has shifted to bullish with strong indicators, although the weekly RSI shows some short-term weakness.
As of 10 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and the weekly MACD and KST are also bullish, indicating positive momentum. The Bollinger Bands on the weekly timeframe are bullish, suggesting price strength. However, the weekly RSI is bearish, which indicates some short-term weakness. Overall, the strength of the bullish trend is supported by the positive performance relative to the Sensex, particularly in the 3-year and 5-year periods.
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