Is Canara Bank technically bullish or bearish?

Jun 28 2025 08:05 AM IST
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As of June 27, 2025, Canara Bank's technical trend is mildly bullish, supported by weekly MACD and Bollinger Bands, despite some bearish signals in monthly indicators.
As of 27 June 2025, the technical trend for Canara Bank has changed from bullish to mildly bullish. The weekly MACD indicates a bullish stance, while the monthly MACD shows a mildly bearish signal. The Bollinger Bands are bullish on the weekly and mildly bullish on the monthly, supporting the overall mildly bullish trend. Daily moving averages are bullish, but the weekly and monthly KST and Dow Theory suggest a mildly bearish outlook. The On-Balance Volume (OBV) presents a mixed picture, being mildly bearish weekly but bullish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some bearish signals in the monthly indicators.
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