Is Shoppers Stop technically bullish or bearish?
As of 14 August 2025, the technical trend for Shoppers Stop has shifted to a bearish stance, supported by bearish signals from moving averages, MACD, RSI, and Bollinger Bands, despite a mildly bullish weekly KST.
As of 14 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD indicates a mildly bullish signal, but the monthly MACD and moving averages are bearish, reinforcing the overall bearish outlook. The weekly RSI is bearish, and both the weekly and monthly Bollinger Bands confirm a bearish trend. Additionally, the KST shows a mildly bullish signal on the weekly timeframe but is bearish monthly, while Dow Theory reflects a mildly bearish stance on the weekly chart. Overall, the combination of these indicators suggests a bearish sentiment for Shoppers Stop.
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