Is UltraTech Cem. technically bullish or bearish?

Aug 09 2025 08:08 AM IST
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As of August 8, 2025, UltraTech Cement's trend is mildly bullish, supported by bullish weekly MACD and Bollinger Bands, despite some bearish signals in longer time frames.
As of 8 August 2025, the technical trend for UltraTech Cement has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is bullish, and Bollinger Bands are also indicating a bullish trend. Daily moving averages support a bullish outlook. However, the monthly MACD and KST are mildly bearish, and the Dow Theory shows a mildly bearish stance on the weekly chart. Overall, while there are some bearish signals in the longer time frames, the prevailing sentiment remains mildly bullish in the short term.
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