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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 2025-05-19 View latest technical analysis

10 day averaged volume of Mercantile Bank is 46090

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon May 2025	45.90	45.39	46.47	44.58	0.859 times
16 Fri May 2025	45.81	46.27	46.27	45.68	0.883 times
15 Thu May 2025	46.32	45.68	46.57	45.46	1.206 times
14 Wed May 2025	45.72	45.83	46.09	45.42	0.842 times
13 Tue May 2025	45.94	45.95	46.56	45.43	0.916 times
12 Mon May 2025	45.50	45.48	46.97	45.48	1.59 times
09 Fri May 2025	43.76	43.87	44.45	43.60	0.907 times
08 Thu May 2025	43.90	43.51	44.27	43.20	0.79 times
07 Wed May 2025	43.32	43.31	43.63	42.88	0.963 times
06 Tue May 2025	43.11	42.79	43.48	42.24	1.005 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.3, but if it comes below 45.3, then a intra day sell could be more profitable.
If you take a sell trade below 45.3, then use 45.3 as stoploss and 43.6 as target. However if you take a buy trade in stock , then use 45.3 as stoploss and 47.3 as target.

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	37.76
Downside Target	39.23
Downside Target	40.57
Downside Target	43.90
Downside Target	45.37
Downside Target	45.42
Upside Target	46.47
Upside Target	46.97
Upside Target	48.66
Upside Target	50.79
Upside Target	51.89

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	44.83
Downside Intraday Target	43.76
Upside Intraday Target	46.72
Upside Intraday Target	47.54
Downside Intraday Target	45.65

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon May 2025	45.90	45.39	46.47	44.58	0.158 times
16 Fri May 2025	45.81	45.48	46.97	45.42	1.192 times
09 Fri May 2025	43.76	43.82	44.45	42.24	0.948 times
02 Fri May 2025	43.63	42.09	44.00	41.35	0.936 times
25 Fri Apr 2025	41.84	40.32	42.68	39.23	4.521 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
19 Mon May 2025	45.90	42.31	46.97	41.35	0.486 times
30 Wed Apr 2025	42.31	43.07	43.90	37.76	0.948 times
31 Mon Mar 2025	43.44	48.13	48.66	42.03	0.951 times
28 Fri Feb 2025	48.21	47.18	51.89	45.37	0.851 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 neutral. A longer time frame might give a better analysis.

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.

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 tired and bears 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 SELL signal for Mercantile Bank in short term but SELL 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

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 44.98 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.