Is Canara Bank technically bullish or bearish?
As of July 17, 2025, Canara Bank's technical trend is bullish with moderate strength, supported by bullish indicators like MACD and Bollinger Bands, although caution is advised due to mildly bearish monthly MACD and KST.
As of 17 July 2025, the technical trend for Canara Bank has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The stock has shown strong performance relative to the Sensex over various periods, particularly in the 3-year and 5-year comparisons.
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