(MBIN) Merchants Bancorp complete technical analysis [charts+indicators] | Buy/Sell Merchants Bancorp | (MBIN) share price targets
Complete technical analysis of Merchants Bancorp (MBIN) by charts plus indicators, forecast predictions and share price targets for Merchants Bancorp (MBIN)
Merchants Bancorp trades in USA in Finance sector.
10 day averaged volume of Merchants Bancorp is 375055
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 42.80 | 42.28 | 42.98 | 41.78 | 1.315 times |
| 16 Thu May 2024 | 42.84 | 43.00 | 43.00 | 42.23 | 0.903 times |
| 15 Wed May 2024 | 43.04 | 42.88 | 43.13 | 42.57 | 1.446 times |
| 14 Tue May 2024 | 42.62 | 43.20 | 43.35 | 42.15 | 4.884 times |
| 13 Mon May 2024 | 47.61 | 47.80 | 48.63 | 47.33 | 0.333 times |
| 10 Fri May 2024 | 47.44 | 47.50 | 47.50 | 46.93 | 0.242 times |
| 09 Thu May 2024 | 47.41 | 47.00 | 47.50 | 46.95 | 0.312 times |
| 08 Wed May 2024 | 47.04 | 46.52 | 47.21 | 46.29 | 0.286 times |
| 07 Tue May 2024 | 46.99 | 47.11 | 48.10 | 46.86 | 0.436 times |
| 06 Mon May 2024 | 46.83 | 46.39 | 47.19 | 46.31 | 0.598 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.1 or till 36.4. Use a stoploss of 43.19 and if the stock hits stoploss, then it can shoot up till 46.28
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 37.03 |
| Downside Target | 38.14 |
| Downside Target | 40.57 |
| Upside Target | 44.02 |
| Upside Target | 44.26 |
| Upside Target | 45.88 |
| Upside Target | 46.16 |
| Upside Target | 46.29 |
| Upside Target | 48.10 |
| Upside Target | 48.63 |
| Upside Target | 48.68 |
Intraday share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Intraday Target | 40.18 |
| Downside Intraday Target | 37.55 |
| Upside Intraday Target | 47.03 |
| Upside Intraday Target | 51.25 |
| Upside Intraday Target | 44.4 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 42.80 | 47.80 | 48.63 | 41.78 | 4.741 times |
| 10 Fri May 2024 | 47.44 | 46.39 | 48.10 | 46.29 | 0.556 times |
| 03 Fri May 2024 | 45.87 | 39.02 | 46.16 | 38.47 | 2.512 times |
| 26 Fri Apr 2024 | 39.04 | 39.28 | 41.11 | 38.78 | 0.785 times |
| 19 Fri Apr 2024 | 39.15 | 38.44 | 39.20 | 37.03 | 1.397 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Merchants Bancorp (MBIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 42.80 | 40.57 | 48.63 | 40.57 | 1.652 times |
| 30 Tue Apr 2024 | 40.33 | 43.45 | 44.02 | 37.03 | 0.98 times |
| 28 Thu Mar 2024 | 43.18 | 42.70 | 45.88 | 39.26 | 1.203 times |
| 29 Thu Feb 2024 | 42.86 | 44.10 | 44.26 | 38.14 | 1.029 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Merchants Bancorp (MBIN)
Price action analysis of Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp ( (MBIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
Merchants Bancorp 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 SELL signal for Merchants Bancorp in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Merchants Bancorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.65 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp 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 Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp ( (MBIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
Merchants Bancorp 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 SELL signal for Merchants Bancorp in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Merchants Bancorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 43.65 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp 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.