(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.
Showing technical analysis as on 2024-04-24 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 116160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 40.93 | 40.15 | 41.11 | 39.63 | 0.917 times |
| 23 Tue Apr 2024 | 40.22 | 39.43 | 40.37 | 39.43 | 0.95 times |
| 22 Mon Apr 2024 | 39.61 | 39.28 | 39.92 | 38.78 | 0.88 times |
| 19 Fri Apr 2024 | 39.15 | 38.26 | 39.20 | 38.26 | 0.88 times |
| 18 Thu Apr 2024 | 38.44 | 37.63 | 38.74 | 37.63 | 1.288 times |
| 17 Wed Apr 2024 | 37.63 | 37.94 | 38.39 | 37.52 | 1.148 times |
| 16 Tue Apr 2024 | 37.71 | 38.00 | 38.14 | 37.03 | 1.342 times |
| 15 Mon Apr 2024 | 38.12 | 38.44 | 39.02 | 37.97 | 0.855 times |
| 12 Fri Apr 2024 | 38.40 | 39.00 | 39.02 | 38.07 | 1.309 times |
| 11 Thu Apr 2024 | 39.14 | 38.92 | 39.24 | 38.09 | 0.718 times |
My analysis of stock is bullish for shortterm, and stock might move up till 41.8 or till 43.8. Use a stoploss of 40.19 and if this stock hits its stoploss, then it can fall down till 38.56
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 33.05 |
| Downside Target | 37.03 |
| Downside Target | 38.07 |
| Downside 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 | 39.44 |
| Downside Intraday Target | 37.94 |
| Upside Intraday Target | 41.77 |
| Upside Intraday Target | 42.6 |
| Downside Intraday Target | 40.27 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 40.93 | 39.28 | 41.11 | 38.78 | 0.498 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 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 |
| 24 Wed Apr 2024 | 40.93 | 43.45 | 44.02 | 37.03 | 0.689 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 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 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 gaining momentum.
MACD generated a BUY signal for Merchants Bancorp 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.
Merchants Bancorp 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 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 but buying is losing 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 38.82 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 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 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 gaining momentum.
MACD generated a BUY signal for Merchants Bancorp 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.
Merchants Bancorp 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 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 but buying is losing 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 38.82 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.