Is Zee Entertainmen technically bullish or bearish?

Aug 23 2025 08:06 AM IST
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As of August 22, 2025, Zee Entertainment's trend is mildly bullish due to daily moving averages, but caution is advised as weekly indicators show bearish signals, and the stock has underperformed against the Sensex over longer periods.
As of 22 August 2025, the technical trend for Zee Entertainment has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly MACD and Bollinger Bands are showing mildly bearish signals, suggesting some caution in the short term. The monthly indicators, including MACD and KST, are mildly bullish, supporting the overall positive trend. Despite recent performance, the stock has underperformed compared to the Sensex over longer periods, indicating potential volatility.
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