(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.
10 day averaged volume of Mercantile Bank is 40630
|Date||Daily Closing Price||Open||High||Low||Volume|
|14 Wed Apr 2021||32.25||31.57||32.57||31.57||0.701 times|
|13 Tue Apr 2021||31.69||32.24||32.24||31.58||0.618 times|
|12 Mon Apr 2021||32.42||32.36||32.80||32.15||0.537 times|
|09 Fri Apr 2021||32.13||32.26||32.55||32.07||0.751 times|
|08 Thu Apr 2021||32.27||31.79||32.27||31.24||1.304 times|
|07 Wed Apr 2021||31.70||32.38||32.55||31.69||1.538 times|
|06 Tue Apr 2021||32.29||32.50||32.90||31.94||0.844 times|
|05 Mon Apr 2021||32.47||33.09||33.09||32.13||0.78 times|
|01 Thu Apr 2021||32.65||32.22||32.81||31.80||0.857 times|
|31 Wed Mar 2021||32.47||32.84||34.05||32.03||1.757 times|
My analysis of stock is bearish for shortterm, and stock might move down till 31.7 or till 31.1. Use a stoploss of 32.27 and if the stock hits stoploss, then it can shoot up till 32.8
Share price targets for Mercantile Bank (MBWM)
Intraday share price targets for Mercantile Bank (MBWM)
|Downside Intraday Target||31.61|
|Downside Intraday Target||30.98|
|Upside Intraday Target||32.84|
|Upside Intraday Target||33.44|
|Downside Intraday Target||32.21|
Weekly technical analysis of Mercantile Bank (MBWM)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|14 Wed Apr 2021||32.25||32.36||32.80||31.57||0.356 times|
|09 Fri Apr 2021||32.13||33.09||33.09||31.24||1.108 times|
|01 Thu Apr 2021||32.65||32.51||34.05||31.80||0.835 times|
|26 Fri Mar 2021||33.06||33.10||33.32||31.10||0.601 times|
|19 Fri Mar 2021||33.24||34.32||34.32||31.74||1.637 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|
|14 Wed Apr 2021||32.25||32.22||33.09||31.24||0.246 times|
|31 Wed Mar 2021||32.47||29.85||34.47||29.35||1.643 times|
|26 Fri Feb 2021||29.24||27.37||31.79||26.76||0.826 times|
|29 Fri Jan 2021||27.15||27.30||29.74||26.75||0.845 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||19, 18, 3||Buy|
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile Bank in short term but the sell signal is initial and weak.
Mercantile Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 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 32.23 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.