What is the technical trend for Monarch Networth?
As of June 6, 2025, Monarch Networth's technical trend is mildly bearish, with mixed signals from MACD and RSI indicators, suggesting caution despite strong long-term performance.
As of 6 June 2025, the technical trend for Monarch Networth has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The RSI on the weekly timeframe is bearish, while the monthly shows no signal, indicating potential weakness. Bollinger Bands are mildly bearish on both weekly and monthly charts, reinforcing the bearish sentiment. Daily moving averages also reflect a mildly bearish trend. Dow Theory shows no trend on the weekly but is mildly bearish on the monthly, further supporting the overall bearish outlook. The stock has shown strong performance over longer periods, but the current technical indicators suggest caution in the near term.
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