Is Hyundai Motor I technically bullish or bearish?

Jun 25 2025 09:28 AM IST
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As of June 24, 2025, Hyundai Motor I is in a strong bullish trend, supported by positive weekly MACD, Bollinger Bands, and Dow Theory, with a recent 6.53% return and a new daily high of 2083.60.
As of 24 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 Bollinger Bands on the weekly timeframe also indicate bullish momentum. Dow Theory confirms a bullish outlook on both weekly and monthly timeframes. The stock has shown a significant return of 6.53% over the past week, outperforming the Sensex, and has reached a new daily high of 2083.60, close to its 52-week high of 2083.60. Overall, the technical indicators suggest a strong bullish sentiment for Hyundai Motor I.
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