Is HFCL technically bullish or bearish?

Sep 23 2025 08:11 AM IST
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As of September 22, 2025, the technical trend has shifted to a bearish stance, supported by daily moving averages, weekly KST, Bollinger Bands, and monthly MACD indicators, despite a mildly bullish weekly MACD.
As of 22 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearishness, the weekly KST and Bollinger Bands both showing bearish signals, and the monthly MACD being bearish. Although the weekly MACD is mildly bullish, it is outweighed by the overall bearish signals from other indicators. The Dow Theory indicates a mildly bearish trend on the monthly timeframe, further supporting the bearish outlook.
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