Is Merus NV technically bullish or bearish?

Jun 25 2025 08:45 AM IST
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As of June 17, 2025, Merus NV's technical trend is mildly bullish, supported by a bullish weekly MACD and moving averages, despite mixed signals from monthly indicators and a mildly bearish weekly Dow Theory.
As of 17 June 2025, the technical trend for Merus NV has changed from sideways to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The Bollinger Bands are mildly bullish on both weekly and monthly charts, supporting the overall bullish stance. Daily moving averages are bullish, reinforcing the positive outlook. However, the Dow Theory shows a mildly bearish stance on the weekly chart, contrasting with a bullish monthly perspective. Overall, the current technical stance is mildly bullish, driven primarily by the bullish weekly MACD and moving averages, despite some bearish signals in the monthly indicators.
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