Technology & Communication
GEMNETS Nets International Communication Limited
Technical analysis · updated after the close, 16 Oct 2026
Nets International Communication Limited (GEMNETS) technical analysis
GEMNETS closed at Rs 22.24 on 16 Oct 2026 (-1.20%). The daily picture is strongly bearish: the price is below 6 of its 6 simple moving averages, MACD is below its signal line and RSI at 37.0 is weak but not oversold. The weekly trend is bearish. Nearest resistance is R3 at 23.17.
Daily
Strongly bearish
Weekly
Bearish
Monthly
Not enough history
Oscillators
Bearish
1 bullish · 5 neutral · 4 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 37.02 | Neutral |
| Stochastic %K (14, 3, 3) | 18.82 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -87.10 | Neutral |
| ADX (14) | 25.25 | Bearish |
| Williams %R (14) | -83.88 | Neutral |
| MACD (12, 26, 9) | -0.98 | Bearish |
| Momentum (10) | 0.68 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 23.58 | Bearish |
| Bull Bear Power (13) | -2.40 | Bearish |
Moving averages
Strongly bearish
0 bullish · 0 neutral · 12 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 22.90 | Bearish | 23.19 | Bearish |
| MA 20 | 24.51 | Bearish | 24.08 | Bearish |
| MA 30 | 26.30 | Bearish | 24.51 | Bearish |
| MA 50 | 24.28 | Bearish | 25.13 | Bearish |
| MA 100 | 27.22 | Bearish | 27.18 | Bearish |
| MA 200 | 33.33 | Bearish | 32.28 | Bearish |
Support & resistance
Daily pivots- R3 23.17
- R2 23.84
- R1 23.17
- Pivot 23.84
- S1 23.17
- S2 23.84
- S3 23.17
- Close 22.24
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 23.17 | 23.84 | 22.51 |
| R2 | 23.84 | 23.84 | 22.51 |
| R1 | 23.17 | 23.84 | 22.51 |
| Pivot | 23.84 | 23.84 | 23.84 |
| S1 | 23.17 | 23.84 | 22.51 |
| S2 | 23.84 | 23.84 | 22.51 |
| S3 | 23.17 | 23.84 | 22.51 |
Range & volatility
52-week range
17.0042.00
- ATR (14)
- 2.009.0% of price
- Bollinger Bands (20, 2)
- 19.12 – 29.91
- From the 52-week high
- -47.0%
- Bars analysed
- 208
How these readings work
Computed after each close from GEMNETS's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.