Is BHEL technically bullish or bearish?

Jul 15 2025 08:11 AM IST
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As of July 14, 2025, BHEL's technical trend is mildly bullish, supported by daily moving averages and a bullish weekly MACD, despite mixed signals from the weekly RSI and monthly indicators.
As of 14 July 2025, the technical trend for BHEL has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The weekly RSI is bearish, suggesting downward pressure, but the monthly RSI shows no signal. Bollinger Bands indicate a mildly bullish stance on both weekly and monthly charts. Daily moving averages are bullish, supporting a positive short-term outlook. The KST is bullish on the weekly but mildly bearish on the monthly, adding to the mixed signals. Dow Theory shows no trend in both weekly and monthly perspectives. Overall, the current technical stance is mildly bullish, driven by the daily moving averages and the weekly MACD, despite bearish signals from the weekly RSI.
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