Is Merchants Bancorp (Indiana) technically bullish or bearish?

Jun 25 2025 08:53 AM IST
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As of June 18, 2025, Merchants Bancorp (Indiana) shows a mildly bearish trend, with mixed signals from indicators like MACD and Bollinger Bands, suggesting a cautious outlook.
As of 18 June 2025, the technical trend for Merchants Bancorp (Indiana) has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains mildly bearish, indicating mixed signals. The Bollinger Bands and KST both reflect a mildly bearish stance on the weekly and monthly time frames. Moving averages on a daily basis are also mildly bearish. Overall, the lack of strong bullish signals and the presence of bearish indicators suggest a cautious outlook.
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