Is BHEL technically bullish or bearish?
As of November 3, 2025, the technical trend is mildly bullish, supported by bullish daily moving averages and mixed signals from the MACD and RSI across weekly and monthly charts.
As of 3 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a combination of indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The RSI is bearish on the weekly chart, suggesting some weakness, but there is no signal on the monthly RSI. Bollinger Bands and Dow Theory both show mildly bullish trends on both weekly and monthly charts. Daily moving averages remain bullish, supporting the overall mildly bullish stance. Despite some bearish signals in the weekly RSI and monthly MACD, the overall technical indicators lean towards a mildly bullish outlook.
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