What is the technical trend for HDFC Bank?

Jun 09 2025 06:07 PM IST
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As of March 25, 2025, HDFC Bank's technical trend has shifted to bullish, supported by strong indicators like MACD and moving averages, despite the RSI and OBV showing no clear signals.
As of 25 March 2025, the technical trend for HDFC Bank has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while Bollinger Bands and KST also indicate bullish conditions on both time frames. Moving averages on the daily chart are bullish as well. However, the RSI shows no signal on both weekly and monthly charts, and the OBV indicates no trend. Overall, the bullish momentum is reinforced by the recent price action, with today's high approaching the 52-week high.
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