Is HEG technically bullish or bearish?

Jun 22 2025 08:03 AM IST
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As of June 20, 2025, the trend is bullish with moderate strength, supported by weekly and monthly MACD readings, though caution is advised due to a bearish weekly RSI and mixed signals from other indicators.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength, driven by the weekly and monthly MACD readings, both indicating bullish momentum. Daily moving averages also support this bullish outlook. However, the weekly RSI is bearish, which suggests some caution. Additionally, the KST is bullish on a weekly basis but mildly bearish monthly, and Dow Theory indicates a mildly bearish stance on the weekly chart. Overall, while there are mixed signals, the prevailing trend remains bullish.
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