Is HPL Electric technically bullish or bearish?

Oct 30 2025 08:27 AM IST
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As of 29 October 2025, HPL Electric's technical trend has shifted to a bearish stance, driven by negative indicators such as a bearish MACD, moving averages, and Bollinger Bands, despite a bullish weekly RSI, suggesting caution for investors.
As of 29 October 2025, the technical trend for HPL Electric has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish reading from the Bollinger Bands on the monthly chart. The weekly KST is also bearish, reinforcing the negative outlook. While the weekly RSI is bullish, it is overshadowed by the overall bearish signals. The Dow Theory indicates a mildly bullish stance on the weekly but remains mildly bearish on the monthly, suggesting mixed signals in the longer term. Overall, the prevailing bearish indicators suggest caution for HPL Electric at this time.
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