Is Venus Pipes technically bullish or bearish?
As of September 1, 2025, the market trend is sideways with mixed signals; while the weekly MACD and Bollinger Bands are bearish, daily moving averages show mild bullishness, resulting in a neutral technical stance overall.
As of 1 September 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD remains bearish, while the monthly MACD is mildly bearish. The Bollinger Bands indicate a mildly bearish outlook on both weekly and monthly time frames. Moving averages show a mildly bullish signal on the daily chart, which contrasts with the overall bearish sentiment from the weekly KST. The Dow Theory indicates no trend on both weekly and monthly charts. Given these factors, the market is currently in a sideways movement, lacking a clear bullish or bearish direction.
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