(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 2025-02-28 View latest technical analysis
10 day averaged volume of Mercantile Bank is 62820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Feb 2025 | 48.21 | 47.58 | 48.24 | 47.10 | 1.383 times |
| 27 Thu Feb 2025 | 47.40 | 47.07 | 47.63 | 47.07 | 0.423 times |
| 26 Wed Feb 2025 | 47.31 | 47.76 | 47.76 | 46.70 | 1.049 times |
| 25 Tue Feb 2025 | 47.73 | 47.63 | 48.36 | 47.49 | 0.885 times |
| 24 Mon Feb 2025 | 47.33 | 47.96 | 48.50 | 47.33 | 0.963 times |
| 21 Fri Feb 2025 | 47.65 | 48.94 | 49.93 | 47.53 | 1.183 times |
| 20 Thu Feb 2025 | 48.44 | 48.34 | 48.57 | 47.34 | 1.453 times |
| 19 Wed Feb 2025 | 48.64 | 48.74 | 48.92 | 47.51 | 1.067 times |
| 18 Tue Feb 2025 | 49.05 | 48.62 | 49.46 | 48.46 | 0.753 times |
| 14 Fri Feb 2025 | 48.63 | 49.53 | 49.95 | 48.60 | 1.14 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 47.7 as stoploss in an intra day buy trade for a target of 48.75. However, stock will show a bearish move below 47.7.
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 | 47.11 |
| Downside Intraday Target | 46 |
| Upside Intraday Target | 48.91 |
| Upside Intraday Target | 49.6 |
| Downside Intraday Target | 47.8 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Feb 2025 | 48.21 | 47.96 | 48.50 | 46.70 | 1.056 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 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 |
| 28 Fri Feb 2025 | 48.21 | 47.18 | 51.89 | 45.37 | 0.851 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 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.
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 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 above 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 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 48.08 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 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 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.
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 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 above 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 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 48.08 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 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.