Is NHPC Ltd technically bullish or bearish?

Aug 24 2025 08:04 AM IST
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As of August 22, 2025, NHPC Ltd shows a mildly bearish technical trend, indicated by bearish MACD and Bollinger Bands, despite some mildly bullish daily moving averages.
As of 22 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. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish sentiment. The KST is mildly bearish on both weekly and monthly charts, while the Dow Theory shows a mixed stance with a mildly bearish weekly view and a mildly bullish monthly perspective. The daily moving averages are mildly bullish, providing a slight counterbalance to the overall bearish indicators. The stock has underperformed against the Sensex over the past week and month, contributing to a bearish outlook. Overall, the current technical stance is mildly bearish, driven primarily by the MACD, Bollinger Bands, and KST indicators.
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