Is Shiva Cement technically bullish or bearish?
As of September 23, 2025, the technical trend for Shiva Cement has shifted to bearish, supported by negative signals from MACD, moving averages, Bollinger Bands, and KST indicators, indicating a continued downtrend.
As of 23 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication of weakness. The weekly and monthly MACD are both bearish, supporting the negative outlook. The daily moving averages also confirm a bearish trend. Additionally, the Bollinger Bands indicate a bearish condition on the weekly chart and mildly bearish on the monthly chart. The KST is bearish on the monthly and mildly bearish on the weekly, further reinforcing the bearish sentiment. Overall, the indicators suggest a continued downtrend for Shiva Cement.
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