Long Term Trend: Strong
AI Indicator Strength: 55.0%
StockBHEL
Current Price₹414.35
Short Term Trend
Strong Upward
Trend: Strong
¼ Long Term Trend Structure
- Price above EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bearish
📊 Momentum (RSI)
- RSI: 62.17
- Mild negative bias
MACD: Weak Bearish
¼ MACD Observation
- Weak negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Strong
📊 BHEL Stock Strength & Risk Analysis
✅ Positive Factors
- Consistent higher highs affirm structural bull dominance.
❌ Risk Factors
- Short-term momentum shows mild cooling, but the primary trend remains strictly bullish.
📌 Market Outlook
Choppy sideways action is expected until a definitive range breakout occurs.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹367.60
₹363.92
₹360.25
🔴 Resistance Zones
₹424.90
₹429.15
₹433.40
BHEL Price Action: The nearest structural support is quite distant at ₹367.6 (over 10% away). In the short term, traders should watch the EMA20 at ₹394.06 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at ₹424.90.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 127.09 |
| 38.2% | 184.00 |
| 50.0% | 230.00 |
| 61.8% | 276.00 |
| 78.6% | 341.48 |
Structural Pullbacks: With BHEL trading within 10% of its 52-week high, close intermediate parameters like the 23.6% level at ₹127.09 or the short-term EMA9 baseline act as logical continuation test areas. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where BHEL might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 399.87 | SMA5 | 395.91 |
| EMA9 | 395.93 | SMA9 | 389.20 |
| EMA20 | 394.06 | SMA20 | 400.01 |
| EMA50 | 371.51 | SMA50 | 375.98 |
| EMA100 | 338.35 | SMA100 | 317.37 |
| EMA200 | 304.71 | SMA200 | 288.66 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bearish: -1 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Weak Bearish: -1 🔴
🔴
• Total Score: 1
🔴
• Confidence Score: 55.00%
🔴
Total Score: 1
Technical Indicator Strength: 55.0%
- Strong alignment in behavior
- AI Confidence Score: 55.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-05-18 |
Bearish |
395.25 |
397.00 |
404.40 |
391.10 |
1.49% |
1.86 |
420.95 |
391.10% |
1.05 |
6.50 |
20.89 45.29 Success |
| 2026-04-08 |
Bullish |
265.70 |
266.50 |
281.00 |
263.76 |
5.44% |
1.03 |
312.30 |
263.76% |
17.54 |
0.73 |
44.72 84.89 Success |
| 2026-03-30 |
Bearish |
245.50 |
248.95 |
249.30 |
240.92 |
3.23% |
0.14 |
281.00 |
239.17% |
2.58 |
14.46 |
52.82 69.92 Success |
| 2026-03-24 |
Bullish |
258.20 |
259.95 |
266.80 |
259.35 |
2.64% |
0.23 |
266.80 |
239.17% |
3.33 |
7.37 |
11.67 52.22 Success |
| 2026-03-23 |
Bearish |
252.85 |
258.00 |
260.00 |
252.30 |
2.21% |
0.78 |
266.80 |
240.92% |
4.72 |
5.52 |
4.33 49.65 Success |
| 2026-03-20 |
Bullish |
262.05 |
260.20 |
260.25 |
249.25 |
0.02% |
4.21 |
266.80 |
244.00% |
1.81 |
6.89 |
27.36 45.74 Success |
| 2026-03-19 |
Bearish |
251.75 |
254.05 |
266.20 |
253.25 |
0.31% |
4.78 |
266.80 |
249.25% |
0.99 |
5.98 |
15.68 36.20 Success |
| 2026-03-12 |
Bullish |
267.85 |
265.85 |
270.30 |
256.60 |
1.67% |
3.48 |
270.30 |
248.90% |
0.91 |
7.07 |
65.17 66.11 Success |
| 2026-03-04 |
Bearish |
247.90 |
249.75 |
258.80 |
249.30 |
0.18% |
3.62 |
264.45 |
247.60% |
0.12 |
6.68 |
27.35 38.16 Success |
| 2026-02-24 |
Bullish |
261.80 |
262.40 |
265.10 |
260.00 |
1.03% |
0.91 |
267.90 |
247.20% |
2.33 |
5.58 |
2.59 40.65 Success |
| 2026-02-19 |
Bearish |
253.80 |
253.00 |
259.65 |
250.70 |
0.91% |
2.63 |
265.50 |
250.70% |
1.22 |
4.61 |
27.74 39.49 Success |
| 2026-02-02 |
Bullish |
258.25 |
266.40 |
271.60 |
261.35 |
1.95% |
1.90 |
275.55 |
261.35% |
6.70 |
-1.20 |
8.07 42.24 Success |
| 2026-01-09 |
Bearish |
274.25 |
272.50 |
272.50 |
258.25 |
5.23% |
0.00 |
272.50 |
258.25% |
5.83 |
-0.64 |
100.00 90.22 Success |
| 2025-12-31 |
Bullish |
287.45 |
288.50 |
293.30 |
288.10 |
1.66% |
0.14 |
305.90 |
288.10% |
6.42 |
-0.23 |
11.84 44.97 Success |
| 2025-11-24 |
Bearish |
277.90 |
277.00 |
285.35 |
276.70 |
0.11% |
3.01 |
295.25 |
276.70% |
0.43 |
6.24 |
47.05 45.86 Success |
| 2025-10-29 |
Bullish |
245.39 |
254.00 |
262.37 |
245.12 |
3.30% |
3.50 |
268.40 |
245.12% |
9.38 |
0.11 |
12.12 64.12 Success |
| 2025-10-13 |
Bearish |
234.86 |
235.05 |
236.00 |
230.40 |
1.98% |
0.40 |
237.90 |
230.40% |
1.90 |
1.29 |
36.47 38.16 Success |
| 2025-09-02 |
Bullish |
215.07 |
215.20 |
217.36 |
214.22 |
1.00% |
0.46 |
221.80 |
209.60% |
3.13 |
2.54 |
8.38 34.69 Success |
| 2025-07-03 |
Bearish |
257.06 |
259.00 |
263.35 |
258.15 |
0.33% |
1.68 |
265.35 |
255.35% |
0.67 |
3.22 |
29.32 29.41 Success |
| 2025-06-27 |
Bullish |
263.55 |
272.00 |
272.10 |
263.45 |
0.04% |
3.14 |
272.10 |
257.10% |
3.24 |
2.45 |
20.00 35.70 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for BHEL. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.