Is Hariom Pipe technically bullish or bearish?

Nov 04 2025 08:51 AM IST
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As of November 3, 2025, Hariom Pipe's technical trend is mildly bearish, supported by bearish MACD readings, Bollinger Bands, and KST indicators, despite a mildly bullish signal from daily moving averages.
As of 3 November 2025, the technical trend for Hariom Pipe has changed from sideways to mildly bearish. The current stance is mildly bearish, supported by the weekly and monthly MACD readings, both indicating a bearish outlook. Bollinger Bands also reflect a bearish trend on both time frames. The KST is mildly bearish weekly and bearish monthly, while Dow Theory confirms a mildly bearish stance across both time frames. Although daily moving averages show a mildly bullish signal, the overall indicators suggest weakness. The stock has underperformed significantly compared to the Sensex over multiple periods, further reinforcing the bearish sentiment.
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