Is Hyundai Motor I technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, Hyundai Motor I shows a bullish trend supported by positive weekly MACD, Bollinger Bands, Dow Theory, and On-Balance Volume, with the current price at 2006.05 above the previous close of 1907.05.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive momentum. The Bollinger Bands on the weekly chart also indicate a bullish stance. Additionally, both the Dow Theory and On-Balance Volume (OBV) are bullish on the weekly and monthly time frames, reinforcing the strength of the current bullish trend. The current price of 2006.05 is above the previous close of 1907.05 and has reached today's high of 2048.00, which aligns with the bullish indicators. Overall, the technical stance for Hyundai Motor I is bullish with strong momentum.
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