Is Merchants Bancorp (Indiana) technically bullish or bearish?

Sep 23 2025 11:21 AM IST
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As of September 19, 2025, Merchants Bancorp (Indiana) is in a bearish trend with weak strength, indicated by bearish moving averages and MACD, while underperforming the S&P 500 with a year-to-date return of -12.26% compared to the S&P's 13.31%.
As of 19 September 2025, the technical trend for Merchants Bancorp (Indiana) has changed from mildly bearish to bearish. The current stance is bearish with weak strength, indicated by the bearish signals from the daily moving averages and the monthly MACD. The Bollinger Bands are also bearish on both weekly and monthly time frames. The KST shows a mildly bullish signal on the weekly but remains bearish monthly, indicating mixed signals in the shorter term.

In terms of performance, the stock has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -12.26% compared to the S&P 500's 13.31%, and a one-year return of -29.78% versus the S&P 500's 16.64%.
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