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Technicals for Network18 Media & Investments Limited
By MusingTheNews
2025-10-17 20:49
Overall Technical outlook
Price Summary
Network18 Media & Investments Limited's stock declined -2.54% today, reflecting an lousynding market day. Network18 Media & Investments Limited's stock started the year at 51.53, climbed to a high of 51.53, fell to 50.06, and closed -2.54% down at 50.22, with 2960257 shares traded on 2025-10-17. The stock's highest price in the past 52 weeks is 86.4, while its lowest price during the same period is 40.53.
Technicals
Support and Resistance: The current price of 50.22 is supported at 47.58, with resistance at 50.7. This suggests that the price for NETWORK18 might remain between these levels, where 47.58 acts as a floor and 50.7 as a ceiling in the market. Support/Resistance for NETWORK18
Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for Network18 Media & Investments Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Network18 Media & Investments Limited
Parabolic SAR: The PSAR for Network18 Media & Investments Limited has recently turned from bullish to bearish, suggesting a potential trend change. This reversal could be a strong bearish signal if it aligns with other market indicators. Investors should monitor the situation and wait for further confirmation before making any moves. Parabolic Stop and Reverse chart for Network18 Media & Investments Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for NETWORK18, with no strong trend emerging. Stochastic chart for Network18 Media & Investments Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, but the slopes of the faster averages indicate that this strength may be weakening. The potential for a reversal is becoming apparent, as the shorter-term averages show signs of fading momentum, suggesting that a trend change could be imminent. Tripple SMA chart for Network18 Media & Investments Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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