Is Hikal technically bullish or bearish?

Jul 06 2025 08:03 AM IST
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As of July 4, 2025, Hikal's technical trend has shifted to a moderate bearish stance, supported by bearish indicators from the MACD, moving averages, and Bollinger Bands, despite a bullish weekly RSI, and the stock has significantly underperformed the Sensex recently.
As of 4 July 2025, the technical trend for Hikal has changed from sideways to bearish. The current stance is bearish with a moderate strength. The weekly MACD is bearish, and the daily moving averages confirm this bearish outlook. The weekly Bollinger Bands also indicate a bearish trend. Although the weekly RSI shows bullish momentum, it is overshadowed by the overall bearish indicators, including the KST and Dow Theory, both of which are mildly bearish on a weekly basis. The stock has underperformed the Sensex significantly over the past month and year-to-date, further supporting the bearish sentiment.
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