Is ICE Make Refrig. technically bullish or bearish?
As of July 18, 2025, the market trend has shifted to a mildly bearish stance, driven by mixed signals from key indicators like MACD and KST, with daily moving averages showing mild bullishness but insufficient to counteract the overall bearish outlook.
As of 18 July 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, albeit mildly. Key indicators driving this stance include the MACD and KST on both weekly and monthly time frames, which are showing mildly bearish signals. Additionally, the Dow Theory indicates a lack of trend on the weekly chart and a mildly bearish stance on the monthly chart. The Bollinger Bands present a mixed picture, with a mildly bearish signal on the weekly and bullish on the monthly. Overall, the daily moving averages are mildly bullish, but they are not enough to counteract the bearish signals from the other indicators.
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