Is Hyundai Motor I technically bullish or bearish?
As of 17 October 2025, the trend is mildly bullish due to positive daily moving averages and Bollinger Bands, but mixed signals from the weekly MACD and Dow Theory, along with a recent -2.41% decline, suggest caution.
As of 17 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating a positive trend and Bollinger Bands showing mild bullishness on the weekly timeframe. However, the weekly MACD and Dow Theory are mildly bearish, which tempers the overall bullish sentiment. The stock has recently experienced a decline, with a 1-week return of -2.41%, contrasting with the Sensex's positive return. Overall, while there are bullish indicators, the mixed signals suggest caution.
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