Is HCL Technologies technically bullish or bearish?
As of August 7, 2025, the trend is mildly bearish due to bearish momentum from the weekly MACD and moving averages, despite some bullish signals from the monthly RSI, indicating mixed market sentiment.
As of 7 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and moving averages indicating bearish momentum. The Bollinger Bands and Dow Theory also reflect a mildly bearish outlook on both weekly and monthly time frames. However, the monthly RSI shows bullish signals, suggesting some underlying strength. Overall, the mixed signals indicate a lack of strong conviction in either direction, reinforcing the mildly bearish stance.
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