Is Independent Bank Corp. (Michigan) technically bullish or bearish?
As of June 27, 2025, the market trend is neutral with mixed signals, showing mildly bullish weekly MACD and Bollinger Bands, but mildly bearish daily moving averages and OBV, indicating a lack of clear direction.
As of 27 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish. Bollinger Bands are bullish on both weekly and monthly time frames, indicating potential upward momentum. However, daily moving averages are mildly bearish, and the KST shows a similar divergence with weekly mildly bullish and monthly mildly bearish readings. The Dow Theory supports a mildly bullish outlook on both weekly and monthly bases, but the OBV presents a mildly bearish stance weekly while being mildly bullish monthly. Overall, the indicators suggest a lack of clear direction, reinforcing the neutral stance.
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