Is ICICI Lombard technically bullish or bearish?

Jul 01 2025 08:13 AM IST
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As of June 30, 2025, the trend has shifted to bullish with strong momentum indicators, although caution is advised due to mildly bearish signals in the monthly timeframe.
As of 30 June 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with a strong momentum indicated by the weekly MACD and Bollinger Bands, both showing bullish signals. The daily moving averages also confirm the bullish trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. The Dow Theory indicates a mildly bullish outlook on both weekly and monthly time frames. Overall, the strength of the bullish trend is supported by recent price action, with the stock outperforming the Sensex over multiple time frames, including a 1-week return of 3.55% compared to the Sensex's 2.09%.
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