Is NHPC Ltd technically bullish or bearish?

Aug 11 2025 08:04 AM IST
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As of August 8, 2025, NHPC Ltd's technical trend has shifted to mildly bearish, supported by bearish MACD readings and Bollinger Bands, despite some mildly bullish signals from daily moving averages.
As of 8 August 2025, the technical trend for NHPC Ltd has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a mildly bearish outlook. The Bollinger Bands also confirm a bearish trend on both time frames. Although the daily moving averages show a mildly bullish signal, the overall weekly and monthly indicators, including KST and Dow Theory, reinforce the bearish sentiment. The stock has underperformed the Sensex over the past month and year, further supporting the bearish outlook.
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