(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 123350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 39.04 | 39.35 | 39.55 | 38.89 | 0.497 times |
| 25 Thu Apr 2024 | 39.34 | 39.94 | 40.87 | 39.03 | 0.99 times |
| 24 Wed Apr 2024 | 40.93 | 40.15 | 41.11 | 39.63 | 0.863 times |
| 23 Tue Apr 2024 | 40.22 | 39.43 | 40.37 | 39.43 | 0.895 times |
| 22 Mon Apr 2024 | 39.61 | 39.28 | 39.92 | 38.78 | 0.829 times |
| 19 Fri Apr 2024 | 39.15 | 38.26 | 39.20 | 38.26 | 0.829 times |
| 18 Thu Apr 2024 | 38.44 | 37.63 | 38.74 | 37.63 | 1.213 times |
| 17 Wed Apr 2024 | 37.63 | 37.94 | 38.39 | 37.52 | 1.081 times |
| 16 Tue Apr 2024 | 37.71 | 38.00 | 38.14 | 37.03 | 1.264 times |
| 15 Mon Apr 2024 | 38.12 | 38.44 | 39.02 | 37.97 | 0.805 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38.4 as stoploss in an intra day buy trade for a target of 39.84. However, stock will show a bearish move below 38.4.
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 33.05 |
| Downside Target | 37.03 |
| Downside Target | 38.07 |
| Upside Target | 40.64 |
| Upside Target | 41.50 |
| Upside Target | 43.26 |
| Upside Target | 43.89 |
| Upside Target | 44.02 |
| Upside Target | 44.26 |
| Upside Target | 45.88 |
| Upside Target | 48.68 |
Intraday share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Intraday Target | 38.18 |
| Downside Intraday Target | 37.31 |
| Upside Intraday Target | 40.51 |
| Upside Intraday Target | 41.97 |
| Upside Intraday Target | 39.64 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 39.04 | 39.28 | 41.11 | 38.78 | 0.785 times |
| 19 Fri Apr 2024 | 39.15 | 38.44 | 39.20 | 37.03 | 1.397 times |
| 12 Fri Apr 2024 | 38.40 | 41.45 | 41.50 | 38.07 | 0.819 times |
| 05 Fri Apr 2024 | 41.38 | 43.45 | 44.02 | 41.03 | 1.03 times |
| 28 Thu Mar 2024 | 43.18 | 41.64 | 43.26 | 40.64 | 0.615 times |
Price has moved down 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 |
| 26 Fri Apr 2024 | 39.04 | 43.45 | 44.02 | 37.03 | 0.753 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 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 Merchants Bancorp ( (MBIN) ) 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 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 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.
ADX buy sell signal for Merchants Bancorp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Merchants Bancorp in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merchants Bancorp 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Merchants Bancorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.92 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 negative.
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 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 Merchants Bancorp ( (MBIN) ) 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 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 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.
ADX buy sell signal for Merchants Bancorp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Merchants Bancorp in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merchants Bancorp 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Merchants Bancorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.92 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.