(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 64700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Mar 2025 | 48.09 | 48.13 | 48.66 | 47.62 | 1.564 times |
| 28 Fri Feb 2025 | 48.21 | 47.58 | 48.24 | 47.10 | 1.343 times |
| 27 Thu Feb 2025 | 47.40 | 47.07 | 47.63 | 47.07 | 0.411 times |
| 26 Wed Feb 2025 | 47.31 | 47.76 | 47.76 | 46.70 | 1.019 times |
| 25 Tue Feb 2025 | 47.73 | 47.63 | 48.36 | 47.49 | 0.859 times |
| 24 Mon Feb 2025 | 47.33 | 47.96 | 48.50 | 47.33 | 0.935 times |
| 21 Fri Feb 2025 | 47.65 | 48.94 | 49.93 | 47.53 | 1.148 times |
| 20 Thu Feb 2025 | 48.44 | 48.34 | 48.57 | 47.34 | 1.411 times |
| 19 Wed Feb 2025 | 48.64 | 48.74 | 48.92 | 47.51 | 1.036 times |
| 18 Tue Feb 2025 | 49.05 | 48.62 | 49.46 | 48.46 | 0.731 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 47.6 as stoploss in an intra day buy trade for a target of 48.71. However, stock will show a bearish move below 47.6.
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 40.57 |
| Downside Target | 42.40 |
| Downside Target | 44.06 |
| Downside Target | 45.37 |
| Downside Target | 46.70 |
| Upside Target | 49.93 |
| Upside Target | 50.37 |
| Upside Target | 50.79 |
| Upside Target | 51.32 |
| Upside Target | 51.89 |
| Upside Target | 52.98 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 47.59 |
| Downside Intraday Target | 47.08 |
| Upside Intraday Target | 48.63 |
| Upside Intraday Target | 49.16 |
| Upside Intraday Target | 48.12 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Mar 2025 | 48.09 | 48.13 | 48.66 | 47.62 | 0.342 times |
| 28 Fri Feb 2025 | 48.21 | 47.96 | 48.50 | 46.70 | 1.056 times |
| 21 Fri Feb 2025 | 47.65 | 48.62 | 49.93 | 47.34 | 0.575 times |
| 14 Fri Feb 2025 | 48.63 | 49.60 | 51.89 | 48.52 | 1.808 times |
| 07 Fri Feb 2025 | 49.68 | 47.18 | 50.37 | 45.37 | 0.622 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 |
| 03 Mon Mar 2025 | 48.09 | 48.13 | 48.66 | 47.62 | 0.076 times |
| 28 Fri Feb 2025 | 48.21 | 47.18 | 51.89 | 45.37 | 0.851 times |
| 31 Fri Jan 2025 | 48.81 | 44.97 | 50.79 | 40.57 | 1.316 times |
| 31 Tue Dec 2024 | 44.49 | 50.51 | 51.32 | 44.06 | 0.906 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile Bank ( (MBWM) ) 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercantile Bank in short term but the sell 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile Bank in short term and BUY 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 48.03 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 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 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.
Price action analysis of Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercantile Bank in short term but the sell 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile Bank in short term and BUY 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 48.03 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 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 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.