Is ICE Make Refrig. technically bullish or bearish?
As of November 4, 2025, the technical trend has shifted to a bearish stance with moderate strength, supported by bearish MACD, moving averages, and Bollinger Bands, despite a mildly bullish KST signal.
As of 4 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages confirm this bearish outlook. The Bollinger Bands on the weekly chart also indicate a bearish trend. While the KST shows a mildly bullish signal on the weekly timeframe, it is offset by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex over multiple time frames, further supporting the bearish sentiment.
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