NETWEB

- Range bound

is undergoing a healthy correction after a strong uptrend, with price now moving into a sideways consolidation phase. The bearish MACD crossover and contracting histogram indicate weakening momentum, while the narrowing gap between the 20 and 50-day moving averages reflects a loss of trend strength. As long as the stock remains range-bound, the consolidation is likely to continue. A decisive breakout above the range or breakdown below support should provide the next directional move.