Is First Merchants Corp. (Indiana) technically bullish or bearish?

Jun 25 2025 08:13 AM IST
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As of June 13, 2025, First Merchants Corp. is in a bearish trend with moderate strength, indicated by bearish MACD, Bollinger Bands, and daily moving averages, despite some bullish signals in the longer-term outlook.
As of 13 June 2025, the technical trend for First Merchants Corp. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the Bollinger Bands indicate a bearish trend on both weekly and monthly time frames. Moving averages on the daily chart are mildly bearish, while the Dow Theory shows a mildly bearish signal on the weekly and mildly bullish on the monthly. The KST is bullish on the monthly but only mildly bullish on the weekly, indicating some divergence in the longer-term outlook. Overall, the combination of these indicators suggests a bearish sentiment in the current market environment.
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