Is Den Networks technically bullish or bearish?

Sep 19 2025 08:07 AM IST
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As of September 18, 2025, the trend is mildly bullish based on daily moving averages and weekly Dow Theory, but caution is advised due to bearish signals from the weekly and monthly MACD and a mixed outlook from Bollinger Bands.
As of 18 September 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating mild bullishness and the weekly Dow Theory also showing a mildly bullish signal. However, the weekly and monthly MACD remain bearish, which suggests caution. The Bollinger Bands on the weekly chart are bullish, but the monthly view is mildly bearish. Overall, while there are some positive indicators, the presence of bearish signals in other time frames indicates a mixed outlook.
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