Is Heritage Foods technically bullish or bearish?

Sep 19 2025 08:07 AM IST
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As of September 18, 2025, the technical trend is bullish with moderate strength, supported by bullish indicators like MACD and Bollinger Bands, despite some caution from mildly bearish monthly MACD and KST.
As of 18 September 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and a bullish daily moving average. The On-Balance Volume (OBV) is also bullish on both weekly and monthly timeframes. However, the monthly MACD and KST remain mildly bearish, indicating some caution. Overall, the bullish trend is supported by strong recent price performance, with a notable 8.45% return over the past week compared to a 1.80% return of the Sensex.
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