Is ICICI Bank technically bullish or bearish?

Jun 23 2025 08:03 AM IST
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As of June 20, 2025, ICICI Bank's technical trend is bullish, supported by strong MACD and moving averages, despite some caution from the weekly RSI and OBV.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance for ICICI Bank is bullish, with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the daily moving averages also confirm a bullish trend. Although the weekly RSI is bearish, the overall strength from the MACD and moving averages indicates a prevailing bullish sentiment. The Bollinger Bands are bullish on the weekly and mildly bullish on the monthly, further supporting the bullish outlook. However, the KST shows a mildly bearish stance on the monthly, and the OBV is mildly bearish on the weekly, suggesting some caution. Overall, the bullish indicators outweigh the bearish signals, indicating a strong bullish sentiment for ICICI Bank.
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