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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 172750

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	44.70	43.84	44.70	43.63	0.899 times
22 Tue Oct 2024	44.05	43.19	44.05	43.15	0.948 times
21 Mon Oct 2024	43.17	44.92	45.52	43.00	0.851 times
18 Fri Oct 2024	44.92	45.40	45.96	44.87	1.005 times
17 Thu Oct 2024	45.06	43.70	45.34	43.14	2.133 times
16 Wed Oct 2024	44.72	46.43	46.78	44.63	1.004 times
15 Tue Oct 2024	45.87	45.05	46.31	44.35	1.716 times
14 Mon Oct 2024	45.11	44.97	45.32	44.40	0.934 times
11 Fri Oct 2024	44.87	44.73	46.17	44.62	0.8 times
10 Thu Oct 2024	44.73	43.93	44.73	43.51	0.311 times

My analysis of stock is bullish for shortterm, and stock might move up till 45.1 or till 45.9. Use a stoploss of 44.4 and if this stock hits its stoploss, then it can fall down till 43.72

Share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Target	37.64
Downside Target	38.42
Downside Target	39.98
Downside Target	41.44
Downside Target	42.36
Upside Target	45.26
Upside Target	45.76
Upside Target	46.17
Upside Target	46.78
Upside Target	47.42
Upside Target	47.94
Upside Target	53.13

Intraday share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Intraday Target	43.29
Downside Intraday Target	41.89
Upside Intraday Target	45.81
Upside Intraday Target	46.93
Downside Intraday Target	44.41

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	44.70	44.92	45.52	43.00	0.397 times
18 Fri Oct 2024	44.92	44.97	46.78	43.14	2.45 times
11 Fri Oct 2024	44.87	44.13	46.17	43.51	1.456 times
04 Fri Oct 2024	44.29	44.20	45.26	42.36	0.976 times
27 Fri Sep 2024	44.52	45.61	45.76	43.97	0.427 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
23 Wed Oct 2024	44.70	44.92	46.78	42.36	0.826 times
30 Mon Sep 2024	44.96	45.25	47.42	41.44	0.615 times
30 Fri Aug 2024	45.85	46.30	47.94	37.64	0.786 times
31 Wed Jul 2024	45.00	40.55	53.13	39.98	1.509 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Merchants Bancorp in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 44.85 and Merchants Bancorp (MBIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.