Is ICE Make Refrig. technically bullish or bearish?

Jul 18 2025 08:08 AM IST
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As of July 17, 2025, the trend is mildly bullish due to daily moving averages, but caution is warranted as weekly and monthly indicators show underlying bearishness.
As of 17 July 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly and monthly MACD, KST, and OBV are all mildly bearish, suggesting some underlying weakness. The Bollinger Bands show a mixed signal with a bullish stance on the monthly timeframe. Overall, while there are bullish indicators on the daily chart, the broader weekly and monthly indicators reflect caution, leading to a mildly bullish outlook with moderate strength.
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