Is Hyundai Motor I technically bullish or bearish?

Aug 17 2025 08:05 AM IST
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As of August 14, 2025, the market trend has shifted to bullish, supported by strong indicators such as a bullish weekly MACD, positive moving averages, and a 52-week high of 2,271.45.
As of 14 August 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 moving averages on the daily time-frame also indicate bullish momentum. The Bollinger Bands are bullish on the weekly chart, further confirming the upward trend. Additionally, both the Dow Theory and On-Balance Volume (OBV) are bullish on the weekly and monthly time-frames. Overall, the strength of the bullish trend is reinforced by positive price action, with today's high reaching the 52-week high of 2,271.45.
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