Is Star Cement technically bullish or bearish?

Sep 03 2025 08:12 AM IST
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As of September 2, 2025, the market trend is bullish with strong indicators like a bullish MACD and moving averages, although the weekly RSI shows short-term weakness.
As of 2 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and moving averages are also bullish on the daily chart. Bollinger Bands confirm a bullish trend on both weekly and monthly levels. However, the weekly RSI is bearish, indicating some short-term weakness. The KST shows a bullish signal on the weekly but is mildly bearish on the monthly, suggesting mixed momentum. Overall, the Dow Theory aligns with a bullish outlook on both time frames. The stock has shown strong performance relative to the Sensex over various periods, further reinforcing the bullish sentiment.
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