(MBIN) Merchants Bancorp complete technical analysis [charts+indicators] | Buy/Sell Merchants Bancorp | (MBIN) share price targets
Complete technical analysis of Merchants Bancorp (MBIN) by charts plus indicators, forecast predictions and share price targets for Merchants Bancorp (MBIN)
Merchants Bancorp trades in USA in Finance sector.
10 day averaged volume of Merchants Bancorp is 171960
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 43.18 | 42.25 | 43.26 | 42.13 | 0.998 times |
27 Wed Mar 2024 | 42.10 | 40.85 | 42.14 | 40.64 | 1.067 times |
26 Tue Mar 2024 | 40.85 | 41.46 | 41.71 | 40.73 | 0.568 times |
25 Mon Mar 2024 | 41.49 | 41.64 | 42.22 | 41.30 | 0.528 times |
22 Fri Mar 2024 | 41.62 | 43.24 | 43.41 | 41.55 | 0.517 times |
21 Thu Mar 2024 | 43.26 | 42.58 | 43.35 | 42.58 | 0.932 times |
20 Wed Mar 2024 | 42.49 | 40.60 | 42.53 | 40.50 | 1.267 times |
19 Tue Mar 2024 | 40.84 | 39.57 | 41.12 | 39.57 | 1.288 times |
18 Mon Mar 2024 | 39.60 | 39.54 | 39.92 | 39.26 | 1.14 times |
15 Fri Mar 2024 | 39.71 | 40.38 | 41.03 | 39.46 | 1.795 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.9 as stoploss in an intra day sell trade for a target of 42.37. However, stock will show a bullish move above 43.9.
Share price targets for Merchants Bancorp (MBIN)
Target Type | Value |
Downside Target | 29.60 |
Downside Target | 33.05 |
Downside Target | 34.20 |
Downside Target | 38.14 |
Downside Target | 39.26 |
Downside Target | 40.64 |
Downside Target | 42.12 |
Downside Target | 43.12 |
Upside Target | 43.89 |
Upside Target | 44.26 |
Upside Target | 44.89 |
Upside Target | 45.88 |
Upside Target | 48.68 |
Intraday share price targets for Merchants Bancorp (MBIN)
Target Type | Value |
Downside Intraday Target | 41.46 |
Downside Intraday Target | 39.74 |
Upside Intraday Target | 44.08 |
Upside Intraday Target | 44.98 |
Downside Intraday Target | 42.36 |
Weekly technical analysis of Merchants Bancorp (MBIN)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 43.18 | 41.64 | 43.26 | 40.64 | 0.615 times |
22 Fri Mar 2024 | 41.62 | 39.54 | 43.41 | 39.26 | 1.154 times |
15 Fri Mar 2024 | 39.71 | 44.59 | 44.89 | 39.46 | 1.265 times |
08 Fri Mar 2024 | 44.60 | 42.66 | 45.88 | 42.12 | 1.524 times |
01 Fri Mar 2024 | 42.57 | 41.66 | 43.12 | 40.80 | 1.316 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Merchants Bancorp (MBIN)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 43.18 | 42.70 | 45.88 | 39.26 | 1.203 times |
29 Thu Feb 2024 | 42.86 | 44.10 | 44.26 | 38.14 | 1.029 times |
31 Wed Jan 2024 | 43.74 | 42.06 | 48.68 | 38.45 | 0.775 times |
29 Fri Dec 2023 | 42.58 | 33.55 | 43.89 | 33.05 | 0.925 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Merchants Bancorp (MBIN)
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short to mid 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.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Merchants Bancorp stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Merchants Bancorp in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merchants Bancorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Merchants Bancorp in short term and BUY signal is strong.
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 Merchants Bancorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.37 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp 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.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short to mid 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.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Merchants Bancorp stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Merchants Bancorp in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merchants Bancorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Merchants Bancorp in short term and BUY signal is strong.
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 Merchants Bancorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.37 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp 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.