Is Midland States Bancorp, Inc. technically bullish or bearish?

Jun 25 2025 08:37 AM IST
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As of June 17, 2025, Midland States Bancorp, Inc. is in a bearish trend with moderate strength, indicated by bearish moving averages, a bearish monthly MACD, and Bollinger Bands, despite mixed signals from KST and Dow Theory.
As of 17 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Midland States Bancorp, Inc. is bearish with moderate strength. Key indicators driving this stance include the bearish moving averages on the daily timeframe, the monthly MACD showing a bearish signal, and the Bollinger Bands indicating a bearish trend on both weekly and monthly timeframes. Additionally, the KST and Dow Theory present mixed signals, with the weekly KST being mildly bullish and the Dow Theory showing mildly bearish on the weekly and mildly bullish on the monthly. Overall, the bearish trend is supported by the recent price action and the broader underperformance compared to the S&P 500.
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