What is the technical trend for Hind.Oil Explor.?

Jun 09 2025 05:33 PM IST
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As of April 21, 2025, Hind.Oil Explor. shows a mildly bearish trend with mixed signals from key indicators, including a mildly bullish weekly MACD and bearish Bollinger Bands, reflecting short-term strength not supported by longer-term trends.
As of 21 April 2025, the technical trend for Hind.Oil Explor. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are bearish on both weekly and monthly charts, and daily moving averages are also bearish, reinforcing the downward pressure. The KST shows a mildly bullish trend weekly but is mildly bearish monthly, indicating potential short-term strength that is not supported by longer-term indicators. Dow Theory reflects a mildly bearish stance weekly with no trend monthly, and the OBV is mildly bearish weekly but mildly bullish monthly, adding to the complexity of the current technical picture. Overall, the trend is mildly bearish with key indicators showing mixed signals, particularly between short-term and long-term perspectives.
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