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(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 2025-02-27 View latest technical analysis

10 day averaged volume of Mercantile Bank is 70830

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Feb 2025	47.40	47.07	47.63	47.07	0.376 times
26 Wed Feb 2025	47.31	47.76	47.76	46.70	0.93 times
25 Tue Feb 2025	47.73	47.63	48.36	47.49	0.785 times
24 Mon Feb 2025	47.33	47.96	48.50	47.33	0.854 times
21 Fri Feb 2025	47.65	48.94	49.93	47.53	1.049 times
20 Thu Feb 2025	48.44	48.34	48.57	47.34	1.289 times
19 Wed Feb 2025	48.64	48.74	48.92	47.51	0.946 times
18 Tue Feb 2025	49.05	48.62	49.46	48.46	0.668 times
14 Fri Feb 2025	48.63	49.53	49.95	48.60	1.011 times
13 Thu Feb 2025	49.29	49.59	49.97	48.52	0.961 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.7, but if it comes above 47.7, then a intra day buy could be more profitable.
If you take a sell trade below 47.7, then use 47.7 as stoploss and 46.4 as target. However if you take a buy trade in stock , then use 47.7 as stoploss and 48.77 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	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	46.57
Downside Intraday Target	45.73
Upside Intraday Target	48.37
Upside Intraday Target	49.33
Upside Intraday Target	47.53

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Feb 2025	47.40	47.96	48.50	46.70	0.745 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
31 Fri Jan 2025	48.81	49.27	50.79	47.97	1.137 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
27 Thu Feb 2025	47.40	47.18	51.89	45.37	0.795 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Mercantile Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 48.2 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.