Is CSB Bank technically bullish or bearish?
As of August 21, 2025, the market trend is bullish, supported by positive monthly indicators, despite some short-term weakness in weekly metrics, with a year-to-date return of 32.74% compared to the Sensex's 4.94%.
As of 21 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, supported by the monthly MACD and moving averages which are both bullish. The Bollinger Bands indicate a bullish trend on the weekly timeframe, while the KST and OBV are bullish on the monthly timeframe. However, the weekly MACD and KST are mildly bearish, suggesting some short-term weakness. Overall, the strength of the bullish stance is reinforced by the positive performance relative to the Sensex over multiple time frames, particularly the year-to-date return of 32.74% compared to the Sensex's 4.94%.
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