Is NHPC Ltd technically bullish or bearish?

Aug 20 2025 08:07 AM IST
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As of 19 August 2025, NHPC Ltd's technical trend is mildly bearish, supported by bearish MACD and Bollinger Bands on both weekly and monthly time frames, despite a conflicting mildly bullish signal from daily moving averages.
As of 19 August 2025, the technical trend for NHPC Ltd has changed from sideways to mildly bearish. The weekly MACD is bearish, and the monthly MACD is mildly bearish, indicating a negative momentum. Bollinger Bands are bearish on both weekly and monthly time frames, further supporting the bearish stance. The KST is mildly bearish on both time frames as well. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators. The Dow Theory suggests a mildly bullish stance on the monthly, but the lack of a clear trend on the weekly diminishes its strength. Overall, the current technical stance is mildly bearish, driven primarily by the bearish MACD and Bollinger Bands.
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