Is First BanCorp (Puerto Rico) technically bullish or bearish?
As of September 8, 2025, First BanCorp's technical trend is mildly bullish, supported by positive MACD and Bollinger Bands signals, despite mixed indicators and a year-to-date return of 19.63% outperforming the S&P 500.
As of 8 September 2025, the technical trend for First BanCorp (Puerto Rico) has changed from bullish to mildly bullish. The weekly MACD and Bollinger Bands indicate a bullish stance, while the daily moving averages also support this view. However, the KST and Dow Theory suggest a mildly bearish outlook on the weekly timeframe. The RSI shows no signal on both weekly and monthly charts. In terms of performance, the stock has returned 19.63% year-to-date, outperforming the S&P 500's 12.22%, but has underperformed over the 1-year and 3-year periods. Overall, the current technical stance is mildly bullish, driven primarily by the bullish signals from MACD and Bollinger Bands, despite some mixed indicators.
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