Is ICE Make Refrig. technically bullish or bearish?

Oct 30 2025 08:27 AM IST
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As of 29 October 2025, the technical trend has shifted to a bearish stance with moderate strength, driven by bearish indicators such as the weekly MACD and daily moving averages, despite a mildly bullish weekly KST.
As of 29 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the weekly MACD being bearish, daily moving averages indicating a bearish trend, and the monthly Bollinger Bands showing a bearish condition. Additionally, the Dow Theory reflects a mildly bearish outlook on the monthly timeframe. Despite the weekly KST being mildly bullish, the overall technical picture remains negative, particularly in the context of recent price action and returns compared to the Sensex.
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