Is ICE Make Refrig. technically bullish or bearish?
As of July 3, 2025, the market trend is mildly bearish, indicated by bearish MACD and RSI readings, while daily moving averages are mildly bullish but overshadowed by bearish signals from KST and OBV indicators.
As of 3 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish outlook. The RSI on a monthly basis is also bearish, while the Bollinger Bands show a mildly bearish trend on the weekly chart. Moving averages on the daily timeframe are mildly bullish, but this is outweighed by the overall bearish signals from the KST and OBV indicators, both of which are mildly bearish on the weekly and monthly charts. Overall, the combination of these indicators suggests a cautious approach in the current market environment.
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