Is Honasa Consumer technically bullish or bearish?

Nov 08 2025 08:16 AM IST
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As of November 7, 2025, Honasa Consumer's technical trend is mildly bearish, primarily due to bearish signals from the weekly MACD and Bollinger Bands, despite mixed signals from daily moving averages and a lack of momentum indicated by the RSI.
As of 7 November 2025, the technical trend for Honasa Consumer has changed from sideways to mildly bearish. The weekly MACD is bearish, and Bollinger Bands are also indicating a bearish stance. The KST is mildly bearish, while the daily moving averages show a mildly bullish signal, creating a mixed picture. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Overall, the current technical stance is mildly bearish, driven primarily by the bearish indicators on the weekly MACD and Bollinger Bands.
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