Is Dhanlaxmi Bank technically bullish or bearish?

Oct 21 2025 08:23 AM IST
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As of 20 October 2025, the technical trend is mildly bearish, influenced by daily moving averages and weekly KST indicating bearishness, despite some mildly bullish signals from the weekly MACD and Dow Theory, with overall sentiment remaining cautious due to predominantly bearish monthly indicators and underperformance against the Sensex.
As of 20 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly KST also showing bearishness. While the weekly MACD and Dow Theory suggest a mildly bullish outlook, the overall sentiment remains cautious due to the monthly indicators being predominantly bearish. The stock has underperformed against the Sensex over the past month and year, further supporting the bearish sentiment.
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