Is Axis Bank technically bullish or bearish?
As of July 18, 2025, the market trend is mildly bearish, supported by bearish MACD readings, Bollinger Bands, KST, and OBV across weekly and monthly charts, despite mildly bullish daily moving averages and a neutral RSI.
As of 18 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish outlook. The Bollinger Bands also confirm a bearish trend on both time frames. The KST and OBV are similarly showing mildly bearish signals on the weekly and monthly charts. While the daily moving averages are mildly bullish, they do not outweigh the overall bearish indicators. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Overall, the strength of the bearish stance is supported by multiple indicators across different time frames.
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