Is T N Merc. Bank technically bullish or bearish?

Jul 22 2025 08:16 AM IST
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As of July 21, 2025, T N Merc. Bank's trend is mildly bullish, supported by daily moving averages and weekly MACD, though caution is advised due to mixed signals from the monthly MACD and bearish KST on the weekly timeframe.
As of 21 July 2025, the technical trend for T N Merc. Bank has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum, while the weekly MACD remains bullish despite the monthly MACD showing mildly bearish signals. The Bollinger Bands reflect a mildly bullish outlook on the weekly timeframe, and Dow Theory supports a mildly bullish stance on both weekly and monthly timeframes. However, the KST is bearish on the weekly, which adds some caution. Overall, the indicators suggest a mildly bullish sentiment, but with mixed signals on longer timeframes.
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