Is India Cements technically bullish or bearish?
As of June 20, 2025, India Cements shows a mildly bearish trend due to daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly chart and underperformance against the Sensex.
As of 20 June 2025, the technical trend for India Cements has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. The weekly MACD and KST are bullish, but the overall sentiment is tempered by the Dow Theory indicating a mildly bearish trend on the weekly chart. Additionally, the stock has underperformed against the Sensex in the short term, further supporting the bearish outlook.
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