Is Hindustan Motors technically bullish or bearish?

Jun 10 2025 08:13 AM IST
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As of June 9, 2025, Hindustan Motors shows a neutral technical stance with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, and while Bollinger Bands indicate potential upward movement, daily moving averages are mildly bearish, leading to a sideways trend overall.
As of 9 June 2025, the technical trend for Hindustan Motors has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands show a bullish stance on the weekly chart and mildly bullish on the monthly chart, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which could limit short-term gains. Overall, the lack of clear trends in Dow Theory and the absence of signals in RSI and OBV further support a neutral outlook.
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