Is Venus Pipes technically bullish or bearish?
As of October 13, 2025, the market trend is mildly bearish, influenced by mixed signals from MACD, Bollinger Bands, and moving averages, indicating a lack of strong bullish momentum.
As of 13 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a mildly bullish signal, while the monthly MACD shows a mildly bearish outlook. The Bollinger Bands on the weekly and monthly time frames are both bearish to mildly bearish, and the daily moving averages are bearish. The KST is mildly bearish on the weekly chart, and there are no clear trends indicated by the Dow Theory or OBV on either time frame. Overall, the mixed signals suggest a lack of strong bullish momentum, reinforcing the mildly bearish stance.
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