Is Punjab Natl.Bank technically bullish or bearish?
As of June 13, 2025, Punjab Natl. Bank shows a mildly bullish trend supported by weekly MACD and KST indicators, though daily moving averages indicate short-term weakness and monthly indicators present a mixed outlook.
As of 13 June 2025, the technical trend for Punjab Natl.Bank has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and KST indicators, both of which are bullish. The Dow Theory also supports this mildly bullish outlook on a weekly basis. However, the daily moving averages indicate a mildly bearish trend, which suggests some short-term weakness. The monthly indicators show a mixed picture, with the MACD and Bollinger Bands both mildly bearish, while the RSI remains bullish. Overall, the strength of the bullish signal is tempered by the conflicting indicators, particularly in the daily time frame.
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