Is Zee Entertainmen technically bullish or bearish?

As of 29 September 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart, while the monthly shows a mildly bullish signal, indicating mixed momentum. The RSI is bullish on the weekly timeframe but shows no signal on the monthly, suggesting short-term strength but lack of confirmation over a longer period. Bollinger Bands indicate a mildly bearish stance on the weekly and bearish on the monthly, reinforcing the downward pressure. Daily moving averages are bearish, further supporting the negative outlook. The KST is bearish weekly but mildly bullish monthly, adding to the mixed signals. Dow Theory indicates a mildly bearish trend on the weekly with no trend on the monthly. Overall, the combination of these indicators suggests a cautious approach, with the bearish signals outweighing the bullish ones in the current context.