(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 2025-01-24 View latest technical analysis
10 day averaged volume of Mercantile Bank is 66800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Jan 2025 | 49.20 | 48.26 | 49.71 | 46.81 | 1.588 times |
| 23 Thu Jan 2025 | 47.99 | 48.26 | 48.88 | 47.47 | 0.969 times |
| 22 Wed Jan 2025 | 48.52 | 47.24 | 49.18 | 47.00 | 1.909 times |
| 21 Tue Jan 2025 | 46.76 | 45.06 | 47.57 | 44.98 | 1.238 times |
| 17 Fri Jan 2025 | 44.21 | 44.76 | 44.76 | 43.83 | 0.759 times |
| 17 Fri Jan 2025 | 44.21 | 44.76 | 44.76 | 43.83 | 0.759 times |
| 16 Thu Jan 2025 | 43.76 | 44.31 | 45.02 | 43.44 | 0.734 times |
| 15 Wed Jan 2025 | 44.38 | 46.80 | 47.59 | 43.66 | 0.769 times |
| 14 Tue Jan 2025 | 43.46 | 42.69 | 43.47 | 42.46 | 0.723 times |
| 13 Mon Jan 2025 | 42.21 | 41.08 | 42.21 | 41.06 | 1.021 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 48.9, for a target of 46.5 or 44.53
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 40.57 |
| Downside Target | 42.27 |
| Downside Target | 43.30 |
| Downside Target | 44.98 |
| Downside Target | 46.74 |
| Downside Target | 47.48 |
| Downside Target | 47.59 |
| Upside Target | 49.71 |
| Upside Target | 51.32 |
| Upside Target | 52.98 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 46.22 |
| Downside Intraday Target | 43.23 |
| Upside Intraday Target | 50.95 |
| Upside Intraday Target | 52.69 |
| Downside Intraday Target | 47.96 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 08 Wed Jan 2025 | 42.87 | 44.14 | 44.70 | 42.27 | 0.69 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantile Bank (MBWM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri Jan 2025 | 49.20 | 44.97 | 49.71 | 40.57 | 0.952 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 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 46.14 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 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 46.14 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.