Is ICICI Pru Life technically bullish or bearish?
As of October 24, 2025, the market trend is bearish with moderate strength, indicated by bearish MACD, moving averages, and sentiment, despite a mildly bullish signal from Dow Theory on the weekly chart.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the bearish MACD on the weekly chart, the bearish daily moving averages, and the overall bearish sentiment in the KST and Bollinger Bands on both weekly and monthly time frames. The Dow Theory presents a mildly bullish signal on the weekly but is countered by a mildly bearish monthly outlook. Overall, the lack of strong bullish signals in the RSI and OBV further supports the bearish stance.
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