Is Honasa Consumer technically bullish or bearish?
As of June 26, 2025, the technical trend is mildly bearish, indicated by daily moving averages and weekly RSI, despite a bullish weekly MACD, with the stock underperforming relative to the Sensex.
As of 26 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly RSI showing bearish momentum. Although the weekly MACD remains bullish, the overall indicators suggest weakness, particularly with the Dow Theory reflecting a mildly bearish outlook on the weekly timeframe. The stock has underperformed in the past year compared to the Sensex, further supporting the bearish sentiment.
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