Is Shakti Pumps technically bullish or bearish?

Aug 20 2025 08:08 AM IST
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As of 19 August 2025, Shakti Pumps is in a mildly bearish trend, with bearish momentum indicated by the weekly MACD and KST, despite some mixed signals from Bollinger Bands and mild bullishness in OBV.
As of 19 August 2025, the technical trend for Shakti Pumps has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish momentum, while the daily moving averages confirm a bearish outlook. The Bollinger Bands show a mixed signal with a mildly bearish stance on the weekly and mildly bullish on the monthly. The Dow Theory indicates no trend on the weekly but is mildly bearish on the monthly. Despite the OBV showing mild bullishness on both weekly and monthly time frames, the overall indicators suggest a bearish sentiment prevailing in the market.
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