(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 2024-11-26 View latest technical analysis
10 day averaged volume of Mercantile Bank is 57330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 1.91 times |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 1.91 times |
| 25 Mon Nov 2024 | 51.14 | 51.14 | 52.98 | 51.06 | 1.753 times |
| 22 Fri Nov 2024 | 50.39 | 49.35 | 50.58 | 48.82 | 1.113 times |
| 21 Thu Nov 2024 | 49.04 | 48.56 | 49.67 | 48.56 | 0.724 times |
| 20 Wed Nov 2024 | 48.33 | 48.34 | 48.70 | 48.03 | 0.542 times |
| 19 Tue Nov 2024 | 48.56 | 47.70 | 48.67 | 47.70 | 0.605 times |
| 18 Mon Nov 2024 | 48.52 | 49.03 | 49.51 | 48.45 | 0.675 times |
| 15 Fri Nov 2024 | 49.10 | 49.77 | 49.79 | 48.60 | 0.909 times |
| 14 Thu Nov 2024 | 49.45 | 49.95 | 50.60 | 49.14 | 0.839 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 50.9 as stoploss in an intra day sell trade for a target of 48.27. However, stock will show a bullish move above 50.9.
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 38.02 |
| Downside Target | 40.37 |
| Downside Target | 42.40 |
| Downside Target | 46.74 |
| Downside Target | 49.60 |
| Upside Target | 50.58 |
| Upside Target | 50.78 |
| Upside Target | 51.06 |
| Upside Target | 51.21 |
| Upside Target | 51.31 |
| Upside Target | 52.98 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 49.54 |
| Downside Intraday Target | 48.98 |
| Upside Intraday Target | 50.72 |
| Upside Intraday Target | 51.34 |
| Upside Intraday Target | 50.16 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 0.521 times |
| 26 Tue Nov 2024 | 50.10 | 51.14 | 52.98 | 49.60 | 1.001 times |
| 22 Fri Nov 2024 | 50.39 | 49.03 | 50.58 | 47.70 | 0.754 times |
| 15 Fri Nov 2024 | 49.10 | 49.34 | 51.06 | 48.60 | 0.62 times |
| 08 Fri Nov 2024 | 48.46 | 42.82 | 51.31 | 42.40 | 1.992 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 |
| 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 |
| 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 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 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 Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
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. 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
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 49.82 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 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 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 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 Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
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. 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
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 49.82 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.