Is Bandhan Bank technically bullish or bearish?
As of June 20, 2025, Bandhan Bank's trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and positive On-Balance Volume, although caution is warranted due to a mildly bullish monthly MACD and bearish KST.
As of 20 June 2025, the technical trend for Bandhan Bank has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages are also bullish, indicating positive momentum. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, suggesting strong buying interest. However, the monthly MACD is only mildly bullish, and the KST is bearish on a monthly basis, which introduces some caution. Overall, the bullish trend is reinforced by the recent price action, with today's high reaching 181.20, above the previous close of 177.35.
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