(MBWM) Mercantile Bank MACD charts technical analysis
(MBWM) Mercantile Bank MACD charts technical analysis MACD analysis of Mercantile Bank | Buy/Sell Mercantile Bank
Mercantile Bank trades in USA in Finance sector.
10 day averaged volume of Mercantile Bank is 81470
| Date | Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 36.49 | 36.48 | 36.69 | 36.05 | 0.062 Mn |
| 24 Wed Apr 2024 | 36.89 | 36.61 | 36.96 | 36.29 | 0.05 Mn |
| 23 Tue Apr 2024 | 36.95 | 36.47 | 37.14 | 36.24 | 0.062 Mn |
| 22 Mon Apr 2024 | 36.46 | 36.38 | 36.86 | 36.03 | 0.081 Mn |
| 19 Fri Apr 2024 | 36.07 | 34.46 | 36.17 | 34.46 | 0.202 Mn |
| 18 Thu Apr 2024 | 34.53 | 33.64 | 34.76 | 33.64 | 0.094 Mn |
| 17 Wed Apr 2024 | 33.62 | 34.14 | 34.25 | 33.46 | 0.105 Mn |
| 16 Tue Apr 2024 | 34.14 | 35.37 | 36.09 | 33.99 | 0.077 Mn |
| 15 Mon Apr 2024 | 35.46 | 35.99 | 36.28 | 35.29 | 0.044 Mn |
| 12 Fri Apr 2024 | 35.74 | 35.25 | 35.88 | 35.25 | 0.048 Mn |
Indicators analysis of Mercantile Bank (MBWM)
MACD generated a BUY signal for Mercantile Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
MACD charts
Price action analysis of Mercantile Bank ( (MBWM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile Bank ( (MBWM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercantile Bank ( (MBWM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile Bank in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mercantile Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.54 and Mercantile Bank (MBWM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mercantile Bank (MBWM) stock. Volume based technical analysis of Mercantile Bank (MBWM) stock is negative.
Mercantile Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.