Is ICICI Bank technically bullish or bearish?

Jun 22 2025 08:03 AM IST
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As of June 20, 2025, ICICI Bank's trend is bullish with moderate strength, supported by a bullish MACD and moving averages, though short-term indicators like the weekly RSI and KST show some weakness.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance for ICICI Bank is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on both weekly and monthly time frames, and bullish signals from the daily moving averages. However, the weekly RSI is bearish, indicating some short-term weakness, while the KST shows a mildly bearish monthly outlook. Overall, the bullish trend is supported by the positive performance against the Sensex over the year and longer periods, despite some mixed signals in the shorter time frames.
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