Is Indian Hume Pipe technically bullish or bearish?
As of June 25, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and moving averages, despite some mixed monthly signals.
As of 25 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 daily moving averages also confirm a bullish trend. Additionally, the Bollinger Bands on a weekly basis are bullish, indicating upward momentum. The KST is bullish on the weekly timeframe, while the monthly indicators show a mix of mildly bearish signals. Overall, the strength of the bullish stance is reinforced by the recent price action, with the stock outperforming the Sensex on a year-to-date basis.
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