Is HFCL technically bullish or bearish?

Sep 24 2025 08:12 AM IST
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As of September 23, 2025, HFCL's trend is mildly bearish, with mixed signals from indicators like the MACD and moving averages, suggesting a cautious outlook despite some mildly bullish signs.
As of 23 September 2025, the technical trend for HFCL has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The daily moving averages are also mildly bearish, suggesting short-term weakness. Bollinger Bands on the weekly timeframe are bearish, while the monthly shows a mildly bearish stance. The KST is bearish on both weekly and monthly charts, reinforcing the bearish sentiment. Dow Theory indicates no trend on the weekly but is mildly bearish on the monthly. Overall, while there are some mildly bullish signals, the prevailing indicators suggest a cautious outlook for HFCL.
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