Is ICU Medical, Inc. technically bullish or bearish?
As of May 10, 2024, ICU Medical, Inc. exhibits a mildly bearish trend, supported by bearish MACD and moving averages, along with mixed signals from the KST and Bollinger Bands.
As of 10 May 2024, the technical trend for ICU Medical, Inc. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on both the weekly and monthly time frames, and the moving averages indicate a bearish trend on the daily chart. Bollinger Bands also reflect a mildly bearish condition on the weekly and bearish on the monthly. The Dow Theory supports this with a mildly bearish signal on both time frames. The KST shows a bearish weekly trend but a bullish monthly trend, indicating mixed signals. Overall, the technical indicators suggest a bearish sentiment with moderate strength.
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