Is Star Cement technically bullish or bearish?

Jul 17 2025 08:08 AM IST
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As of July 16, 2025, Star Cement's trend is mildly bullish due to positive daily moving averages and Bollinger Bands, but caution is advised as weekly indicators show mild bearishness and the RSI lacks strong momentum.
As of 16 July 2025, the technical trend for Star Cement has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the Bollinger Bands showing a mildly bullish trend on the monthly timeframe. However, the weekly MACD, KST, and Dow Theory are all mildly bearish, which suggests some caution. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of strong momentum in either direction. Overall, while there are bullish signals on the daily and monthly moving averages and Bollinger Bands, the presence of bearish indicators on the weekly timeframe tempers the bullish outlook.
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