Is First Merchants Corp. (Indiana) technically bullish or bearish?
As of June 27, 2025, First Merchants Corp shows a mildly bullish trend, supported by weekly MACD and KST indicators, despite some short-term bearish signals from daily moving averages.
As of 27 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST indicators both showing mild bullishness, alongside the Dow Theory confirming a bullish outlook on both weekly and monthly time frames. The Bollinger Bands indicate a bullish trend on the monthly chart, while the daily moving averages remain mildly bearish, suggesting some short-term weakness. Overall, the mixed signals across different time frames indicate a cautious but positive outlook for First Merchants Corp.
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