(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 2024-11-01 View latest technical analysis
10 day averaged volume of Mercantile Bank is 45780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 43.21 | 43.33 | 44.31 | 42.78 | 1.236 times |
| 31 Thu Oct 2024 | 42.86 | 43.90 | 43.99 | 42.85 | 1.022 times |
| 30 Wed Oct 2024 | 43.96 | 43.55 | 45.34 | 43.55 | 1.099 times |
| 29 Tue Oct 2024 | 43.77 | 43.88 | 43.99 | 43.57 | 0.714 times |
| 28 Mon Oct 2024 | 44.29 | 43.19 | 44.47 | 43.19 | 0.85 times |
| 25 Fri Oct 2024 | 42.64 | 43.96 | 44.22 | 42.54 | 0.976 times |
| 24 Thu Oct 2024 | 43.77 | 44.08 | 44.08 | 43.18 | 0.946 times |
| 23 Wed Oct 2024 | 43.80 | 43.57 | 44.00 | 43.21 | 0.799 times |
| 22 Tue Oct 2024 | 43.88 | 43.02 | 43.95 | 43.02 | 1.256 times |
| 21 Mon Oct 2024 | 43.36 | 45.50 | 45.51 | 43.24 | 1.197 times |
My analysis of stock is bearish for shortterm, and stock might move down till 42.3 or till 40.7. Use a stoploss of 43.64 and if the stock hits stoploss, then it can shoot up till 44.99
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 38.02 |
| Downside Target | 40.37 |
| Downside Target | 42.54 |
| Upside Target | 44.31 |
| Upside Target | 45.34 |
| Upside Target | 45.51 |
| Upside Target | 46.74 |
| Upside Target | 47.48 |
| Upside Target | 48.36 |
| Upside Target | 51.21 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 42.21 |
| Downside Intraday Target | 41.22 |
| Upside Intraday Target | 44.77 |
| Upside Intraday Target | 46.34 |
| Upside Intraday Target | 43.78 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 43.21 | 43.19 | 45.34 | 42.78 | 0.951 times |
| 25 Fri Oct 2024 | 42.64 | 45.50 | 45.51 | 42.54 | 0.777 times |
| 18 Fri Oct 2024 | 45.40 | 43.95 | 46.74 | 43.32 | 1.158 times |
| 11 Fri Oct 2024 | 43.91 | 41.60 | 43.98 | 41.08 | 1.105 times |
| 04 Fri Oct 2024 | 41.78 | 42.55 | 43.97 | 40.85 | 0.756 times |
Price has moved up 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 |
| 01 Fri Nov 2024 | 43.21 | 43.33 | 44.31 | 42.78 | 0.049 times |
| 31 Thu Oct 2024 | 42.86 | 43.46 | 46.74 | 40.85 | 0.85 times |
| 30 Mon Sep 2024 | 43.72 | 45.64 | 47.48 | 41.34 | 1.03 times |
| 30 Fri Aug 2024 | 45.98 | 48.25 | 48.36 | 40.37 | 0.767 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 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 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 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 Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
Mercantile Bank 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 moving up
CCI has generated a buy signal for Mercantile Bank 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 Mercantile Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.53 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 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 Mercantile Bank ( (MBWM) ) based on a short 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 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 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 Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
Mercantile Bank 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 moving up
CCI has generated a buy signal for Mercantile Bank 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 Mercantile Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.53 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 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.