Is ICE Make Refrig. technically bullish or bearish?

Sep 30 2025 08:21 AM IST
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As of September 29, 2025, the technical trend has shifted to bearish, supported by bearish weekly MACD and moving averages, despite some mildly bullish monthly indicators.
As of 29 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish, with a moderate strength indicated by several key factors. The weekly MACD is bearish, and the daily moving averages also reflect a bearish sentiment. The KST on a weekly basis is bearish, while the monthly indicators show a mildly bearish trend overall. Although the Bollinger Bands indicate a bullish stance on the monthly timeframe, the prevailing bearish signals from the weekly indicators suggest a stronger bearish outlook. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly, further supporting the bearish stance.
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