Is Apollo Pipes technically bullish or bearish?
As of September 16, 2025, the market trend is mildly bearish, indicated by bearish MACD signals, Bollinger Bands, and KST, despite a bullish OBV on a monthly basis.
As of 16 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD indicators both showing bearish signals, along with a mildly bearish reading from Bollinger Bands and daily moving averages. The KST is also bearish on both weekly and monthly time frames. While the OBV is bullish on a monthly basis, it does not offset the overall bearish indicators. The lack of clear trends in Dow Theory further supports the neutral to bearish outlook.
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