Is HPCL technically bullish or bearish?
As of June 26, 2025, the market trend is bullish, supported by strong indicators like a bullish weekly MACD, positive price action with a 26.01% return over the past year, and favorable Bollinger Bands, despite some mixed signals from the RSI and KST.
As of 26 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also confirm a bullish trend. The Bollinger Bands are bullish on both weekly and monthly time frames. The RSI shows a bullish signal on the monthly chart, while the weekly RSI is neutral. The KST is bullish on the weekly but mildly bearish on the monthly, and Dow Theory indicates a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the bullish trend is reinforced by the positive price action, with a notable return of 26.01% over the past year compared to the Sensex's 6.46%.
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