Is BHEL technically bullish or bearish?
As of November 10, 2025, the trend is bullish with strong indicators, although there are mixed signals from the MACD and RSI suggesting potential short-term weakness.
As of 10 November 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 Bollinger Bands are bullish on both weekly and monthly time frames. However, the weekly MACD is bullish while the monthly MACD is mildly bearish, indicating some divergence in momentum. The weekly RSI is bearish, suggesting potential short-term weakness, but the overall trend remains positive. The KST is bullish on the weekly and mildly bearish on the monthly, adding to the mixed signals. Dow Theory shows a mildly bullish stance on both weekly and monthly charts. Overall, the bullish trend is supported by strong price action, including a recent high at 274.45, close to the 52-week high.
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