Is Heidelberg Cem. technically bullish or bearish?

Nov 09 2025 08:09 AM IST
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As of November 7, 2025, the market trend has shifted to bearish, supported by negative signals from MACD, Bollinger Bands, moving averages, KST, RSI, and OBV, despite a mildly bearish indication from Dow Theory.
As of 7 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. Both the weekly and monthly MACD are bearish, and Bollinger Bands also reflect a bearish trend. The daily moving averages confirm the bearish sentiment as well. The KST is bearish on both time frames, while the Dow Theory indicates a mildly bearish stance on the weekly and monthly charts. Overall, the lack of positive signals from the RSI and OBV further supports the bearish outlook.
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