Is First BanCorp (Puerto Rico) technically bullish or bearish?

Jun 25 2025 08:23 AM IST
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As of June 13, 2025, First BanCorp's technical trend is mildly bearish, influenced by daily moving averages and monthly MACD signals, despite some bullish indicators from the weekly MACD and Bollinger Bands.
As of 13 June 2025, the technical trend for First BanCorp (Puerto Rico) has changed from sideways to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish signal and the monthly MACD showing a mildly bearish trend. While the weekly MACD and Bollinger Bands are bullish, the overall sentiment is tempered by the Dow Theory indicating a mildly bearish stance on the weekly chart. The lack of clear signals from the RSI and OBV further supports a neutral to bearish outlook in the short term.
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