Is Netwrk.18 Media technically bullish or bearish?

Nov 07 2025 08:12 AM IST
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As of November 6, 2025, the market trend is mildly bearish due to bearish signals from MACD and Bollinger Bands, despite some bullish momentum in the RSI and daily moving averages, with the stock underperforming against the Sensex.
As of 6 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by bearish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. The Dow Theory also indicates a mildly bearish outlook on both weekly and monthly charts. Although the RSI shows bullish momentum on the weekly chart, it lacks a clear signal on the monthly. Daily moving averages are mildly bullish, but this is overshadowed by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex over various time frames, further supporting the bearish sentiment.
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