Is Mercer International, Inc. technically bullish or bearish?

Jun 25 2025 08:23 AM IST
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As of June 17, 2025, Mercer International, Inc. is in a bearish trend with strong indicators of weakness, including bearish MACD and moving averages, despite a bullish RSI on the weekly chart.
As of 17 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Mercer International, Inc. is bearish with a strong indication of weakness. Key indicators driving this stance include bearish MACD readings on both the weekly and monthly time frames, bearish moving averages on the daily chart, and a bearish KST on both weekly and monthly time frames. The RSI shows a bullish signal on the weekly, but this is overshadowed by the overall bearish trend. Additionally, Bollinger Bands indicate a mildly bearish stance on the weekly and bearish on the monthly. Overall, the combination of these indicators suggests a lack of upward momentum and a prevailing bearish sentiment.
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