Is Star Cement technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, Star Cement's technical trend has shifted to mildly bearish, with weekly indicators like the MACD, KST, and RSI supporting this outlook, despite some mildly bullish signals from daily moving averages and monthly Bollinger Bands.
As of 20 June 2025, the technical trend for Star Cement has changed from sideways to mildly bearish. The current stance is mildly bearish, supported by the weekly MACD and KST both indicating a bearish outlook. The RSI on a weekly basis is also bearish, while the monthly RSI shows no signal, suggesting a lack of momentum in that timeframe. Moving averages on the daily chart are mildly bullish, but this is overshadowed by the overall bearish sentiment in the weekly indicators. The Bollinger Bands indicate a bearish trend on the weekly and a mildly bullish trend on the monthly, further complicating the outlook. Overall, the combination of these indicators suggests a weak bearish sentiment in the near term.
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