Is HBL Engineering technically bullish or bearish?

Nov 11 2025 08:14 AM IST
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As of November 10, 2025, HBL Engineering's technical trend is bullish, supported by strong indicators like a bullish MACD and Bollinger Bands, despite a bearish weekly RSI suggesting some caution.
As of 10 November 2025, the technical trend for HBL Engineering has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly timeframes, and Bollinger Bands also indicate a bullish trend on both timeframes. Moving averages on the daily timeframe confirm a bullish stance. However, the weekly RSI is bearish, which suggests some caution, while the KST shows a bullish signal on the weekly but is mildly bearish on the monthly. Overall, the Dow Theory aligns with a bullish outlook on both weekly and monthly timeframes. The stock has shown significant returns, outperforming the Sensex across various periods, further reinforcing the bullish sentiment.
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