Technical analysis by biodunoladokun about Symbol PI on 7/29/2025

PI’s daily chart paints a bearish picture, with technical indicators showing no signs of a recovery. A standout signal is the Accumulation/Distribution (A/D) line, which has been on a sharp downtrend since June 26. This steep decline in the A/D line signals that sellers have been dominating the market, outweighing any attempts at accumulation. With demand visibly weakening, PI faces growing downside risk through August unless bullish momentum reemerges.