(MBWM) Mercantile Bank complete technical analysis [charts+indicators] | Buy/Sell Mercantile Bank | (MBWM) share price targets
Complete technical analysis of Mercantile Bank (MBWM) by charts plus indicators, forecast predictions and share price targets for Mercantile Bank (MBWM)
Mercantile Bank trades in USA in Finance sector.
10 day averaged volume of Mercantile Bank is 74460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 48.73 | 49.92 | 50.07 | 48.39 | 1.07 times |
| 27 Mon Jan 2025 | 50.09 | 49.27 | 50.79 | 48.35 | 1.524 times |
| 24 Fri Jan 2025 | 49.20 | 48.26 | 49.71 | 46.81 | 1.425 times |
| 23 Thu Jan 2025 | 47.99 | 48.26 | 48.88 | 47.47 | 0.869 times |
| 22 Wed Jan 2025 | 48.52 | 47.24 | 49.18 | 47.00 | 1.712 times |
| 21 Tue Jan 2025 | 46.76 | 45.06 | 47.57 | 44.98 | 1.111 times |
| 17 Fri Jan 2025 | 44.21 | 44.76 | 44.76 | 43.83 | 0.681 times |
| 17 Fri Jan 2025 | 44.21 | 44.76 | 44.76 | 43.83 | 0.681 times |
| 16 Thu Jan 2025 | 43.76 | 44.31 | 45.02 | 43.44 | 0.658 times |
| 15 Wed Jan 2025 | 44.38 | 46.80 | 47.59 | 43.66 | 0.69 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 47.5, but if it comes below 47.5, then a intra day sell could be more profitable.
If you take a sell trade below 47.5, then use 47.5 as stoploss and 44.99 as target. However if you take a buy trade in stock , then use 47.5 as stoploss and 50.5 as target.
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 40.57 |
| Downside Target | 42.40 |
| Downside Target | 43.30 |
| Downside Target | 46.74 |
| Downside Target | 47.48 |
| Downside Target | 47.59 |
| Downside Target | 48.35 |
| Upside Target | 49.71 |
| Upside Target | 50.79 |
| Upside Target | 51.32 |
| Upside Target | 52.98 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 47.79 |
| Downside Intraday Target | 46.85 |
| Upside Intraday Target | 50.23 |
| Upside Intraday Target | 51.73 |
| Upside Intraday Target | 49.29 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 48.73 | 49.27 | 50.79 | 48.35 | 0.507 times |
| 24 Fri Jan 2025 | 49.20 | 45.06 | 49.71 | 44.98 | 7.515 times |
| 17 Fri Jan 2025 | 44.21 | 44.76 | 44.76 | 43.83 | 0.189 times |
| 17 Fri Jan 2025 | 44.21 | 41.08 | 47.59 | 41.06 | 2.165 times |
| 10 Fri Jan 2025 | 41.69 | 42.49 | 43.30 | 40.57 | 0.728 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 Mercantile Bank (MBWM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 48.73 | 44.97 | 50.79 | 40.57 | 1.114 times |
| 31 Tue Dec 2024 | 44.49 | 50.51 | 51.32 | 44.06 | 0.906 times |
| 26 Tue Nov 2024 | 50.10 | 43.33 | 52.98 | 42.40 | 1.14 times |
| 31 Thu Oct 2024 | 42.86 | 43.46 | 46.74 | 40.85 | 0.85 times |
Scroll below to view daily charts
Price has moved up 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 Mercantile Bank (MBWM)
Price action analysis of Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) based on a short to mid 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 Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile Bank in short term but SELL 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mercantile Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.49 and Mercantile Bank (MBWM) 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 Mercantile Bank (MBWM) stock. Volume based technical analysis of Mercantile Bank (MBWM) stock is negative.
Mercantile Bank 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) based on a short to mid 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 Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile Bank in short term but SELL 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mercantile Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.49 and Mercantile Bank (MBWM) 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 Mercantile Bank (MBWM) stock. Volume based technical analysis of Mercantile Bank (MBWM) stock is negative.
Mercantile Bank 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.