Is Star Cement technically bullish or bearish?

Jun 29 2025 08:05 AM IST
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As of June 27, 2025, Star Cement shows a mildly bullish trend on the daily timeframe, but overall technical indicators remain bearish, with significant bearish signals from the weekly MACD, KST, and OBV.
As of 27 June 2025, the technical trend for Star Cement has changed from sideways to mildly bullish. However, the overall technical stance is currently bearish, driven by the weekly and monthly MACD and KST indicators, both showing mildly bearish signals. The moving averages on the daily timeframe indicate a mildly bullish trend, but this is offset by the bearish signals from the weekly OBV and the lack of clear trends in the Dow Theory. The Bollinger Bands suggest a sideways movement on the weekly timeframe while being mildly bullish on the monthly. Overall, the strength of the bullish trend is weak, with significant bearish indicators present.
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