(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.
Showing technical analysis as on 2024-03-11 View latest technical analysis
10 day averaged volume of Mercantile Bank is 86850
Date | Daily Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 36.80 | 37.30 | 37.37 | 36.75 | 0.501 times |
08 Fri Mar 2024 | 37.23 | 37.76 | 37.86 | 37.00 | 0.807 times |
07 Thu Mar 2024 | 37.24 | 37.40 | 37.91 | 37.00 | 0.957 times |
06 Wed Mar 2024 | 36.98 | 37.92 | 38.39 | 35.87 | 2.054 times |
05 Tue Mar 2024 | 38.66 | 38.11 | 39.43 | 38.11 | 1.599 times |
04 Mon Mar 2024 | 38.44 | 38.31 | 39.70 | 37.11 | 1.849 times |
01 Fri Mar 2024 | 36.38 | 36.61 | 36.64 | 35.89 | 0.755 times |
29 Thu Feb 2024 | 36.84 | 36.92 | 37.34 | 36.51 | 0.537 times |
28 Wed Feb 2024 | 36.51 | 36.49 | 36.79 | 36.25 | 0.537 times |
27 Tue Feb 2024 | 36.78 | 36.94 | 37.27 | 36.65 | 0.515 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.6 as stoploss in an intra day buy trade for a target of 37.39. However, stock will show a bearish move below 36.6.
Share price targets for Mercantile Bank (MBWM)
Target Type | Value |
Downside Target | 31.54 |
Downside Target | 34.25 |
Downside Target | 35.87 |
Upside Target | 37.61 |
Upside Target | 38.15 |
Upside Target | 39.44 |
Upside Target | 39.70 |
Upside Target | 40.59 |
Upside Target | 41.93 |
Upside Target | 42.82 |
Intraday share price targets for Mercantile Bank (MBWM)
Target Type | Value |
Downside Intraday Target | 36.58 |
Downside Intraday Target | 36.35 |
Upside Intraday Target | 37.2 |
Upside Intraday Target | 37.59 |
Upside Intraday Target | 36.97 |
Weekly technical analysis of Mercantile Bank (MBWM)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Mon Mar 2024 | 36.80 | 37.30 | 37.37 | 36.75 | 0.069 times |
08 Fri Mar 2024 | 37.23 | 38.31 | 39.70 | 35.87 | 2.658 times |
01 Fri Mar 2024 | 36.38 | 37.19 | 37.61 | 35.89 | 0.711 times |
23 Fri Feb 2024 | 37.43 | 37.43 | 38.15 | 36.87 | 0.937 times |
16 Fri Feb 2024 | 37.79 | 37.85 | 39.44 | 36.10 | 0.987 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 |
11 Mon Mar 2024 | 36.80 | 36.61 | 39.70 | 35.87 | 0.523 times |
29 Thu Feb 2024 | 36.84 | 40.33 | 40.59 | 36.10 | 0.804 times |
31 Wed Jan 2024 | 40.09 | 40.09 | 42.82 | 34.25 | 1.484 times |
29 Fri Dec 2023 | 40.38 | 34.59 | 41.93 | 34.59 | 1.694 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 Mercantile Bank (MBWM)
Price action analysis of Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) based on a short 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) based on a mid to longer 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.
ADX buy sell signal for Mercantile Bank stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term but the buy signal is initial and weak.
Mercantile Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Mercantile Bank in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 37.46 and Mercantile Bank (MBWM) 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 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 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 Mercantile Bank ( (MBWM) ) based on a short 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) based on a mid to longer 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.
ADX buy sell signal for Mercantile Bank stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term but the buy signal is initial and weak.
Mercantile Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Mercantile Bank in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 37.46 and Mercantile Bank (MBWM) 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 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.