Is Media Matrix technically bullish or bearish?

Jul 20 2025 08:05 AM IST
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As of July 18, 2025, Media Matrix exhibits a mildly bearish trend due to daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly timeframe.
As of 18 July 2025, the technical trend for Media Matrix has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the monthly MACD showing a bearish signal. While the weekly MACD and KST are bullish, they are offset by the overall bearish signals from the monthly indicators. The Bollinger Bands also reflect a mildly bearish stance on the monthly timeframe. The Dow Theory shows a mildly bullish signal on both weekly and monthly timeframes, but this is not strong enough to outweigh the bearish indicators. Overall, the strength of the bearish stance is moderate, influenced by the recent price action and moving averages.
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