Is Dhanlaxmi Bank technically bullish or bearish?
As of October 10, 2025, Dhanlaxmi Bank's technical analysis indicates a mildly bearish trend, supported by bearish MACD readings, Bollinger Bands, and KST, despite some mixed signals from Dow Theory and OBV.
As of 10 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings both indicating bearish momentum. The Bollinger Bands also reflect a mildly bearish outlook on both time frames. Daily moving averages are mildly bearish, while the KST remains bearish on both weekly and monthly charts. Although Dow Theory shows a mildly bullish signal on the weekly, the monthly perspective is mildly bearish, which adds to the overall bearish sentiment. The OBV indicates a mildly bullish stance on the weekly but is bearish on the monthly, suggesting mixed signals. Overall, the indicators point towards a mildly bearish technical stance for Dhanlaxmi Bank.
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