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Generally, blood in the stool means that there is bleeding somewhere in the large intestine. The color of the blood can be an indication of where the bleeding is occurring. If the blood is bright red and fresh looking, the bleeding is likely occurring toward the end of the colon or in the rectum.
Most likely, the blood in your stool - something doctors call hematochezia - is related to a less serious condition. However, if bleeding is cancer-related, colorectal cancer and anal cancer are two types of cancers that can cause rectal bleeding or blood to be present in the stool.