Is Canara Bank technically bullish or bearish?

Jun 29 2025 08:03 AM IST
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As of June 27, 2025, Canara Bank's trend is mildly bullish, supported by a bullish MACD and Bollinger Bands, despite some bearish signals in longer time frames.
As of 27 June 2025, the technical trend for Canara Bank has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. Daily moving averages also indicate a bullish trend. However, the monthly MACD and KST are mildly bearish, and the Dow Theory shows a mildly bearish stance on the weekly chart. Overall, while there are some bearish signals in the longer time frames, the prevailing trend is mildly bullish.
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