(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 43090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Apr 2021 | 40.49 | 40.16 | 40.67 | 39.30 | 1.114 times |
| 15 Thu Apr 2021 | 40.06 | 40.06 | 40.39 | 39.15 | 0.738 times |
| 14 Wed Apr 2021 | 40.03 | 39.66 | 40.53 | 39.66 | 1.084 times |
| 13 Tue Apr 2021 | 39.78 | 40.77 | 40.78 | 39.50 | 1.116 times |
| 12 Mon Apr 2021 | 41.05 | 40.87 | 41.44 | 40.59 | 0.768 times |
| 09 Fri Apr 2021 | 41.15 | 40.91 | 41.44 | 40.50 | 0.831 times |
| 08 Thu Apr 2021 | 40.71 | 40.42 | 40.74 | 39.78 | 0.873 times |
| 07 Wed Apr 2021 | 40.67 | 42.16 | 42.16 | 40.49 | 0.993 times |
| 06 Tue Apr 2021 | 41.63 | 42.56 | 42.97 | 41.37 | 0.759 times |
| 05 Mon Apr 2021 | 42.83 | 41.31 | 43.00 | 41.21 | 1.599 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39.5 or till 38.2. Use a stoploss of 40.58 and if the stock hits stoploss, then it can shoot up till 41.66
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 25.81 |
| Downside Target | 26.96 |
| Downside Target | 30.40 |
| Downside Target | 32.04 |
| Downside Target | 34.10 |
| Downside Target | 35.30 |
| Downside Target | 37.97 |
| Downside Target | 39.15 |
| Upside Target | 41.00 |
| Upside Target | 42.78 |
| Upside Target | 43.00 |
| Upside Target | 44.73 |
Intraday share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Intraday Target | 39.28 |
| Downside Intraday Target | 38.07 |
| Upside Intraday Target | 41.57 |
| Upside Intraday Target | 42.65 |
| Downside Intraday Target | 40.36 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Apr 2021 | 40.49 | 40.87 | 41.44 | 39.15 | 0.954 times |
| 09 Fri Apr 2021 | 41.15 | 41.31 | 43.00 | 39.78 | 0.912 times |
| 01 Thu Apr 2021 | 41.33 | 40.67 | 42.78 | 40.00 | 0.817 times |
| 26 Fri Mar 2021 | 40.75 | 39.91 | 41.00 | 37.97 | 0.633 times |
| 19 Fri Mar 2021 | 39.85 | 44.73 | 44.73 | 38.00 | 1.079 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 |
| 16 Fri Apr 2021 | 40.49 | 41.96 | 43.00 | 39.15 | 0.259 times |
| 31 Wed Mar 2021 | 41.94 | 34.30 | 44.73 | 34.10 | 1.526 times |
| 26 Fri Feb 2021 | 34.03 | 30.49 | 35.30 | 30.40 | 1.276 times |
| 29 Fri Jan 2021 | 29.82 | 26.96 | 32.04 | 26.96 | 0.755 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 20, 8 | Sell |
| MACD | 2, 2 | Sell |
| Stochastics | 25 | Sell |
| CCI | -62 | Buy |
| RSI | 53 | Buy |
| OBV | 178900 | Sell |
| VWAP | 41 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 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.
Merchants Bancorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 BUY signal in short term but buying is losing 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 40.93 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Daily charts
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