Is Punjab Natl.Bank technically bullish or bearish?

Oct 25 2025 08:17 AM IST
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As of October 24, 2025, the trend has shifted to bullish, supported by strong indicators like the weekly MACD and OBV, although caution is advised due to mildly bearish monthly MACD and KST signals.
As of 24 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also confirm a bullish trend. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the strength of the bullish stance is reinforced by the positive returns compared to the Sensex over multiple time frames, particularly the 3-year and 5-year returns.
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