Is ICE Make Refrig. technically bullish or bearish?
As of September 19, 2025, the market trend has shifted to a bearish stance with moderate strength, indicated by bearish MACD and moving averages, alongside mixed monthly indicators and a lack of bullish momentum.
As of 19 September 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish KST on the weekly chart. The Bollinger Bands show a bearish signal on the weekly timeframe, while the monthly indicators present a mixed picture with mildly bearish readings. Overall, the lack of bullish momentum in the short to medium term supports the bearish outlook.
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