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VENU is not a good buy right now for an impatient investor. The primary trend is still decisively bearish (bearish moving averages + weakening MACD), options positioning is strongly put-skewed (bearish sentiment), and the recent narrative centers on financing/dilution risk even after the offering termination. A tactical bounce is possible from oversold levels, but the data provided does not support a high-conviction buy at current prices.
Trend: Bearish. Price (5.55) is below key levels (below S1 5.757, well below pivot 7.57) and moving averages are stacked bearish (SMA_200 > SMA_20 > SMA_5), signaling a sustained downtrend.
Momentum: MACD histogram -0.353 and negatively expanding = downside momentum strengthening.
RSI: RSI_6 at ~23 suggests oversold conditions (despite the label shown), which can produce short-term bounces, but oversold alone is not a reliable buy signal when trend/momentum are still deteriorating.
Levels: Near-term support is S2 ~4.637; reclaiming S1 (5.757) and then the pivot (~7.57) would be the first technical improvement.
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can support a short-term rebound if selling pressure exhausts.
Latest quarter provided: 2025/Q3. Revenue fell to 5,384,754 (-1.23% YoY), indicating weak top-line momentum. Net income improved YoY (loss narrowed to -6,464,987, +64.41% YoY) and EPS improved to -0.16 (+45.45% YoY), but profitability is still negative. Gross margin dropped to 26.47 (-31.48% YoY), a notable deterioration and a major fundamental headwind.
No recent analyst rating/price target changes were provided in the data. With the information available, the likely Wall Street-style pros/cons framing is: Pros: potential growth narrative and event-driven upside around earnings; reduced immediate dilution pressure after the offering termination. Cons: ongoing capital-raising/dilution overhang, weak/declining margins, and a clear bearish technical trend. Overall, the setup reads as cautious/negative until the company shows stronger margins and the chart reclaims key resistance.