Is Hindustan Motors technically bullish or bearish?

Jul 23 2025 08:07 AM IST
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As of July 22, 2025, the technical trend for Hindustan Motors is mildly bearish, driven by bearish signals from the MACD, RSI, and Bollinger Bands, despite some mixed signals from daily moving averages and KST indicators.
As of 22 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators: the MACD is mildly bearish on both weekly and monthly time frames, while the RSI indicates bearish momentum on the weekly chart. Bollinger Bands also reflect a bearish outlook on both weekly and monthly levels. Although daily moving averages show a mildly bullish signal, the overall trend is influenced by the weekly Dow Theory indicating a mildly bearish stance. Additionally, the KST is bullish weekly but mildly bearish monthly, creating mixed signals. Overall, the bearish indicators dominate the analysis, suggesting a cautious outlook for Hindustan Motors.
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