Is ICE Make Refrig. technically bullish or bearish?

Jul 29 2025 08:13 AM IST
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As of July 28, 2025, ICE Make Refrigeration has shifted to a bearish technical stance, supported by bearish indicators such as MACD, RSI, and moving averages, despite a mildly bullish signal from Dow Theory on the weekly chart.
As of 28 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for ICE Make Refrigeration is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, a bearish RSI on the monthly chart, and bearish moving averages on the daily timeframe. Additionally, the KST and Bollinger Bands are also indicating bearish trends on the weekly chart. The Dow Theory shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, which adds some complexity to the overall view.
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