Is Venus Pipes technically bullish or bearish?

Oct 10 2025 08:11 AM IST
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As of October 9, 2025, Venus Pipes is in a bearish trend with moderate strength, indicated by daily moving averages and weekly Bollinger Bands, despite a mildly bullish weekly MACD, and has significantly underperformed compared to the Sensex over the past year.
As of 9 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Venus Pipes is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearishness, and the weekly MACD showing a mildly bullish signal, which contrasts with the overall bearish trend. Additionally, both the Bollinger Bands and KST on a weekly basis are mildly bearish, reinforcing the bearish outlook. The stock has underperformed significantly compared to the Sensex over multiple time frames, particularly on a yearly basis, which further supports the bearish sentiment.
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