Is ICICI Pru Life technically bullish or bearish?
As of 29 August 2025, the technical trend is mildly bearish, indicated by bearish momentum in the MACD, Bollinger Bands, and underperformance against the Sensex, despite some mildly bullish daily moving averages.
As of 29 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the monthly MACD showing mildly bearish conditions. The Bollinger Bands on a monthly basis are also bearish, while the KST and Dow Theory both reflect mildly bearish trends on both weekly and monthly time frames. Although the daily moving averages are mildly bullish, they are overshadowed by the overall bearish indicators. The stock has underperformed against the Sensex across multiple time frames, further supporting the bearish outlook.
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