We continue the study of shift equivalence relations from the perspective of C*-bimodule theory. We study emerging shift equivalence relations following work of the second-named author with Carlsen and Eilers, both in terms of adjacency matrices and in terms of their C*-correspondences, and orient them when possible. In particular, we show that if two regular C*-correspondences are strong shift equivalent, then the intermediary C*-correspondences realizing the equivalence may be chosen to be regular. This result provides the final missing piece in answering a question of Muhly, Pask and Tomforde, and is used to confirm a conjecture of Kakariadis and Katsoulis on shift equivalence of C*-correspondences.