Is ICE Make Refrig. technically bullish or bearish?

Oct 29 2025 08:22 AM IST
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As of October 28, 2025, the technical trend for ICE Make Refrigeration is mildly bearish, supported by bearish MACD and moving averages, while indicators like Bollinger Bands and KST show mixed signals, suggesting a cautious outlook.
As of 28 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD on a weekly basis remains bearish, while the monthly MACD is mildly bearish. Moving averages on a daily basis are also bearish. The Bollinger Bands indicate a sideways movement on the weekly chart and bearish on the monthly chart. KST shows a mildly bullish signal weekly but is mildly bearish monthly, while the OBV indicates a mildly bullish stance monthly but no trend weekly. Overall, the lack of strong bullish signals and the presence of bearish indicators suggest a cautious outlook for ICE Make Refrigeration.
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