Is HBL Engineering technically bullish or bearish?

Aug 05 2025 08:13 AM IST
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As of August 4, 2025, the technical trend is bullish, supported by strong weekly indicators like the MACD and Bollinger Bands, despite some mild bearish signals on the monthly charts, with the stock outperforming the Sensex by 8.99% over the past week.
As of 4 August 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and Bollinger Bands are also indicating a bullish trend on both weekly and monthly time frames. Daily moving averages confirm a bullish stance as well. Although the monthly MACD and KST are mildly bearish, the overall strength is driven by the positive weekly signals. The stock has shown a significant return of 8.99% over the past week compared to a mere 0.16% from the Sensex, further reinforcing the bullish outlook.
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