Is OFG Bancorp technically bullish or bearish?
As of June 9, 2025, OFG Bancorp's technical trend is mildly bearish, indicated by daily moving averages and monthly MACD, despite some bullish signals from weekly MACD and Bollinger Bands.
As of 9 June 2025, the technical trend for OFG Bancorp has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. While the weekly MACD and Bollinger Bands are bullish, the overall indicators suggest weakness in the short-term outlook. The Dow Theory also supports a mildly bearish view on the weekly timeframe, while the monthly timeframe shows no clear trend.
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