Is Hi-Green Carbon technically bullish or bearish?

Jul 04 2025 08:07 AM IST
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As of July 3, 2025, Hi-Green Carbon's trend has shifted to bearish, driven by negative signals from moving averages and RSI, despite some mildly bullish indicators, indicating overall underperformance against the Sensex.
As of 3 July 2025, the technical trend for Hi-Green Carbon has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish signal from the daily moving averages and a bearish reading on the weekly RSI and Bollinger Bands. Although the weekly MACD and KST show mildly bullish signals, they are overshadowed by the overall bearish trend in the moving averages and the bearish weekly Dow Theory. The stock has also underperformed against the Sensex over the past month and year-to-date, further supporting the bearish outlook.
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