Is Axis Bank technically bullish or bearish?

Jul 19 2025 08:06 AM IST
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As of July 18, 2025, Axis Bank's technical trend is mildly bearish, indicated by bearish MACD readings, Bollinger Bands, and consistent mild bearishness in KST and OBV, despite daily moving averages showing mild bullishness.
As of 18 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance for Axis Bank is mildly bearish, driven by several key indicators. Both the weekly and monthly MACD readings are mildly bearish, and Bollinger Bands also indicate a bearish trend on both time frames. The KST and OBV are consistently showing mild bearishness on the weekly and monthly charts. Although the daily moving averages are mildly bullish, the overall sentiment remains bearish due to the prevailing trends in the longer time frames. The stock has underperformed significantly in the past month and year compared to the Sensex, further supporting the bearish outlook.
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