Is ICE Make Refrig. technically bullish or bearish?
As of June 23, 2025, the market trend is sideways with mixed signals: while daily moving averages are mildly bullish, weekly and monthly indicators like MACD and KST are bearish, indicating a lack of strong momentum.
As of 23 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD and KST are both mildly bearish, while the monthly MACD and KST are also mildly bearish. The RSI shows no signal on the weekly chart but is bearish on the monthly. Moving averages indicate a mildly bullish stance on the daily timeframe, contrasting with the bearish signals from the weekly Bollinger Bands. Dow Theory presents a mildly bearish view on the weekly but bullish on the monthly. Overall, the indicators suggest a lack of strong momentum in either direction, reinforcing the sideways trend.
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