(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 2025-02-21 View latest technical analysis
10 day averaged volume of Mercantile Bank is 80810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Feb 2025 | 47.65 | 48.94 | 49.93 | 47.53 | 0.919 times |
| 20 Thu Feb 2025 | 48.44 | 48.34 | 48.57 | 47.34 | 1.13 times |
| 19 Wed Feb 2025 | 48.64 | 48.74 | 48.92 | 47.51 | 0.829 times |
| 18 Tue Feb 2025 | 49.05 | 48.62 | 49.46 | 48.46 | 0.585 times |
| 14 Fri Feb 2025 | 48.63 | 49.53 | 49.95 | 48.60 | 0.886 times |
| 13 Thu Feb 2025 | 49.29 | 49.59 | 49.97 | 48.52 | 0.843 times |
| 12 Wed Feb 2025 | 49.19 | 50.61 | 50.88 | 49.15 | 1.32 times |
| 11 Tue Feb 2025 | 51.79 | 49.12 | 51.89 | 48.90 | 2.292 times |
| 10 Mon Feb 2025 | 49.70 | 49.60 | 50.15 | 49.10 | 0.686 times |
| 07 Fri Feb 2025 | 49.68 | 50.00 | 50.06 | 48.70 | 0.812 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.2, but if it comes above 48.2, then a intra day buy could be more profitable.
If you take a sell trade below 48.2, then use 48.2 as stoploss and 47.1 as target. However if you take a buy trade in stock , then use 48.2 as stoploss and 49.12 as target.
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 40.57 |
| Downside Target | 42.40 |
| Downside Target | 44.06 |
| Downside Target | 44.98 |
| Downside Target | 46.74 |
| Upside Target | 49.71 |
| 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 | 46.68 |
| Downside Intraday Target | 45.72 |
| Upside Intraday Target | 49.27 |
| Upside Intraday Target | 50.9 |
| Upside Intraday Target | 48.31 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 31 Fri Jan 2025 | 48.81 | 49.27 | 50.79 | 47.97 | 1.137 times |
| 24 Fri Jan 2025 | 49.20 | 45.06 | 49.71 | 44.98 | 7.515 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 |
| 21 Fri Feb 2025 | 47.65 | 47.18 | 51.89 | 45.37 | 0.662 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 |
| 26 Tue Nov 2024 | 50.10 | 43.33 | 52.98 | 42.40 | 1.14 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 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 to mid 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 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 SELL signal for Mercantile Bank in short term but the sell signal is initial and weak.
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 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 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 49.53 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 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 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 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 to mid 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 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 SELL signal for Mercantile Bank in short term but the sell signal is initial and weak.
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 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 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 49.53 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.