Is Hind.Oil Explor. technically bullish or bearish?

Jul 02 2025 08:10 AM IST
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As of July 1, 2025, Hind.Oil Explor. has shifted to a bearish technical trend, with strong indicators of weakness across multiple time frames, including bearish MACD and RSI, despite some mildly bullish signals from KST and OBV.
As of 1 July 2025, the technical trend for Hind.Oil Explor. has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication of weakness. The MACD is bearish on both the weekly and monthly time frames, and the RSI is also bearish on the weekly, indicating downward momentum. Bollinger Bands confirm a bearish outlook on both time frames. Daily moving averages are bearish, further supporting the negative trend. Although the KST and OBV show mildly bullish signals on the weekly, they are overshadowed by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex across multiple time frames, reinforcing the bearish sentiment.
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