Is HPL Electric technically bullish or bearish?

Oct 17 2025 08:12 AM IST
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As of October 16, 2025, HPL Electric's trend has shifted to bearish with moderate strength, supported by bearish indicators from MACD, moving averages, and Bollinger Bands, despite a conflicting bullish RSI signal on the weekly chart.
As of 16 October 2025, the technical trend for HPL Electric has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish reading from Bollinger Bands on the monthly chart. The RSI shows a bullish signal on the weekly timeframe but lacks confirmation on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by the KST and Dow Theory readings, both indicating bearish conditions on the weekly timeframe.
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