Is Nexstar Media Group, Inc. technically bullish or bearish?

Jun 29 2025 11:48 AM IST
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As of June 27, 2025, Nexstar Media Group, Inc. shows a mildly bullish trend supported by positive weekly indicators, though caution is advised due to mixed signals from monthly metrics.
As of 27 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. Daily moving averages are also bullish, indicating positive momentum. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Dow Theory indicates a mildly bullish trend on the weekly chart, while the On-Balance Volume shows a mildly bearish stance on the weekly but no trend on the monthly. Overall, the mixed signals indicate a cautiously optimistic outlook for Nexstar Media Group, Inc.
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