Is ICICI Pru Life technically bullish or bearish?

Aug 05 2025 08:16 AM IST
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As of August 4, 2025, the market trend is neutral with mixed signals, indicating a sideways movement due to mildly bearish indicators on the weekly and monthly MACD and Bollinger Bands, contrasted by a mildly bullish daily moving average.
As of 4 August 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD remains mildly bearish, while the monthly MACD is also mildly bearish. The Bollinger Bands indicate a mildly bearish trend on the weekly and a bearish trend on the monthly. Moving averages on the daily chart show a mildly bullish stance, contrasting with the weekly KST which is bullish but the monthly KST is mildly bearish. Dow Theory shows no trend on the weekly and mildly bearish on the monthly. Overall, the lack of strong bullish or bearish signals suggests a sideways movement in the near term.
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