Is Sun TV Network technically bullish or bearish?

Oct 27 2025 08:09 AM IST
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As of October 24, 2025, the technical trend has shifted to bearish, supported by bearish signals from the MACD, moving averages, and Bollinger Bands, despite some mildly bullish indicators.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish, with a moderate strength indicated by several key factors. The MACD shows a bearish signal on the monthly chart, while the daily moving averages confirm a bearish trend. Bollinger Bands are also bearish on the weekly timeframe. Although the weekly KST and MACD are mildly bullish, they are outweighed by the overall bearish indicators. The Dow Theory reflects a mildly bearish stance on both weekly and monthly charts. Given the recent price action, including a decline from the previous close, the bearish sentiment is reinforced.
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