What is the technical trend for Bharti Hexacom?
As of April 16, 2025, Bharti Hexacom's trend has shifted to bullish, supported by strong indicators like a bullish MACD and moving averages, despite some bearish momentum in RSI readings.
As of 16 April 2025, the technical trend for Bharti Hexacom 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 Dow Theory confirms a bullish trend in both weekly and monthly time frames. Additionally, the daily moving averages are bullish, and the On-Balance Volume (OBV) is also bullish on a weekly basis. However, the weekly and monthly RSI readings are bearish, indicating some weakness in momentum. Overall, the strength of the bullish trend is reinforced by the positive performance relative to the Sensex over the past year, with a return of 67.08% compared to the Sensex's 7.50%.
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