(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 2024-10-25 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 191140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 42.96 | 44.60 | 44.79 | 42.91 | 0.649 times |
| 24 Thu Oct 2024 | 44.26 | 44.99 | 44.99 | 43.48 | 0.7 times |
| 23 Wed Oct 2024 | 44.70 | 43.84 | 44.70 | 43.63 | 0.812 times |
| 22 Tue Oct 2024 | 44.05 | 43.19 | 44.05 | 43.15 | 0.856 times |
| 21 Mon Oct 2024 | 43.17 | 44.92 | 45.52 | 43.00 | 0.769 times |
| 18 Fri Oct 2024 | 44.92 | 45.40 | 45.96 | 44.87 | 0.909 times |
| 17 Thu Oct 2024 | 45.06 | 43.70 | 45.34 | 43.14 | 1.928 times |
| 16 Wed Oct 2024 | 44.72 | 46.43 | 46.78 | 44.63 | 0.907 times |
| 15 Tue Oct 2024 | 45.87 | 45.05 | 46.31 | 44.35 | 1.551 times |
| 14 Mon Oct 2024 | 45.11 | 44.97 | 45.32 | 44.40 | 0.844 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.7, for a target of 43.6 or 44.32
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 | 42.07 |
| Downside Intraday Target | 41.19 |
| Upside Intraday Target | 44.68 |
| Upside Intraday Target | 46.41 |
| Upside Intraday Target | 43.8 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 42.96 | 44.92 | 45.52 | 42.91 | 0.617 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 |
| 25 Fri Oct 2024 | 42.96 | 44.92 | 46.78 | 42.36 | 0.915 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 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merchants Bancorp in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 44.69 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 has given negative 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 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merchants Bancorp in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 44.69 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 has given negative 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.