Is Karnataka Bank technically bullish or bearish?

Jul 01 2025 08:10 AM IST
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As of June 30, 2025, Karnataka Bank's technical trend has shifted to mildly bearish, indicated by daily moving averages and monthly MACD, despite a bullish weekly KST, suggesting a bearish sentiment in the short to medium term.
As of 30 June 2025, the technical trend for Karnataka Bank has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. The weekly KST is bullish, but the overall indicators suggest weakness, with the Bollinger Bands on the monthly chart also reflecting a bearish outlook. The Dow Theory presents a mixed view, being mildly bearish on the weekly and mildly bullish on the monthly. Overall, the combination of these indicators points to a bearish sentiment in the short to medium term.
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