Is Shakti Pumps technically bullish or bearish?

Sep 12 2025 08:07 AM IST
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As of September 11, 2025, Shakti Pumps is in a bearish trend with moderate strength, indicated by bearish signals from the MACD and KST, confirming moving averages, and a mixed view from Bollinger Bands, while the RSI shows no momentum signals.
As of 11 September 2025, the technical trend for Shakti Pumps has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the weekly MACD and KST both showing bearish signals, along with daily moving averages confirming a bearish trend. The Bollinger Bands present a mixed view with a bearish indication on the weekly but bullish on the monthly, indicating some volatility. The RSI shows no signals on both weekly and monthly time frames, suggesting a lack of momentum. Overall, the bearish trend is reinforced by the recent price action, with the stock down 0.94% over the past week compared to a positive return in the Sensex.
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