Is ICICI Lombard technically bullish or bearish?

Oct 17 2025 08:12 AM IST
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As of October 16, 2025, ICICI Lombard's trend is bullish with moderate strength, supported by positive indicators like a bullish MACD and Bollinger Bands, although caution is advised due to some bearish signals from KST and Dow Theory.
As of 16 October 2025, the technical trend for ICICI Lombard has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly charts, and a bullish daily moving average. The RSI on the monthly chart is also bullish, supporting the positive outlook. However, the KST and Dow Theory indicate some bearish signals on the weekly and monthly time frames, suggesting caution. Overall, the bullish momentum is reinforced by strong weekly OBV performance and positive returns over the past week and month compared to the Sensex.
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