Is St Bk of India technically bullish or bearish?

Jul 01 2025 08:08 AM IST
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As of June 30, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD, positive moving averages, and favorable Bollinger Bands, despite some mildly bearish signals in the monthly MACD and KST.
As of 30 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also confirm a bullish trend. The Bollinger Bands are bullish on both weekly and monthly time frames. The monthly RSI is bullish, while the weekly RSI shows no signal, indicating a potential for upward momentum. Although the monthly MACD and KST are mildly bearish, they do not outweigh the overall bullish sentiment. The Dow Theory shows a mildly bullish stance on the weekly chart, further supporting the bullish outlook. Overall, the strength of the bullish trend is reinforced by the positive price action, with today's price at 820.35, above the previous close of 805.40.
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