Is ICICI Bank technically bullish or bearish?
As of 28 October 2025, ICICI Bank's technical trend has shifted to mildly bearish, influenced by bearish MACD readings, KST, OBV, and Bollinger Bands, despite a mildly bullish daily moving average, with the stock declining 1.37% over the past week.
As of 28 October 2025, the technical trend for ICICI Bank has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish outlook. The KST and OBV also reflect a bearish sentiment on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, the overall trend is being influenced by the bearish signals from Bollinger Bands and Dow Theory on the weekly and monthly charts. The stock's recent performance, with a decline of 1.37% over the past week compared to a positive return from the Sensex, further supports the bearish stance.
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