(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.
Showing technical analysis as on 2024-05-01 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 153880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 41.60 | 40.57 | 42.46 | 40.57 | 1.138 times |
| 30 Tue Apr 2024 | 40.33 | 40.00 | 41.93 | 39.63 | 3.104 times |
| 29 Mon Apr 2024 | 39.27 | 39.02 | 39.56 | 38.47 | 1.128 times |
| 26 Fri Apr 2024 | 39.04 | 39.35 | 39.55 | 38.89 | 0.398 times |
| 25 Thu Apr 2024 | 39.34 | 39.94 | 40.87 | 39.03 | 0.793 times |
| 24 Wed Apr 2024 | 40.93 | 40.15 | 41.11 | 39.63 | 0.692 times |
| 23 Tue Apr 2024 | 40.22 | 39.43 | 40.37 | 39.43 | 0.717 times |
| 22 Mon Apr 2024 | 39.61 | 39.28 | 39.92 | 38.78 | 0.664 times |
| 19 Fri Apr 2024 | 39.15 | 38.26 | 39.20 | 38.26 | 0.664 times |
| 18 Thu Apr 2024 | 38.44 | 37.63 | 38.74 | 37.63 | 0.972 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.9, but if it comes below 40.9, then a intra day sell could be more profitable.
If you take a sell trade below 40.9, then use 40.9 as stoploss and 39.66 as target. However if you take a buy trade in stock , then use 40.9 as stoploss and 42.5 as target.
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 37.03 |
| Downside Target | 38.07 |
| Downside Target | 40.57 |
| Downside Target | 41.50 |
| Upside Target | 42.46 |
| Upside Target | 44.02 |
| Upside Target | 44.26 |
| Upside Target | 45.88 |
| Upside Target | 48.68 |
Intraday share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Intraday Target | 39.23 |
| Downside Intraday Target | 36.85 |
| Upside Intraday Target | 43.22 |
| Upside Intraday Target | 44.83 |
| Downside Intraday Target | 40.84 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 41.60 | 39.02 | 42.46 | 38.47 | 1.644 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 |
| 12 Fri Apr 2024 | 38.40 | 41.45 | 41.50 | 38.07 | 0.819 times |
| 05 Fri Apr 2024 | 41.38 | 43.45 | 44.02 | 41.03 | 1.03 times |
Price has moved up 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 |
| 01 Wed May 2024 | 41.60 | 40.57 | 42.46 | 40.57 | 0.062 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, but volume has not increased substantially. This means that the move can be temporary and might not 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Merchants Bancorp in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merchants Bancorp 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. Bulls are getting stronger in this stock.
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 Merchants Bancorp in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Merchants Bancorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.96 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp 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.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Merchants Bancorp in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Merchants Bancorp 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. Bulls are getting stronger in this stock.
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 Merchants Bancorp in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Merchants Bancorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.96 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp 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.