Is HBL Engineering technically bullish or bearish?

Jun 25 2025 09:26 AM IST
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As of June 24, 2025, HBL Engineering shows a mildly bullish trend supported by a bullish weekly MACD and Bollinger Bands, despite mixed signals from daily moving averages and monthly indicators.
As of 24 June 2025, the technical trend for HBL Engineering has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. Bollinger Bands are bullish on the weekly and mildly bullish on the monthly, suggesting upward momentum. The daily moving averages are mildly bearish, which contrasts with the overall bullish sentiment. The KST is bullish weekly but mildly bearish monthly, and the OBV is bullish monthly, indicating accumulation. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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