(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 2024-03-25 View latest technical analysis
10 day averaged volume of Mercantile Bank is 76640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 36.87 | 37.02 | 37.57 | 36.65 | 0.432 times |
| 22 Fri Mar 2024 | 36.89 | 37.59 | 37.59 | 36.82 | 0.543 times |
| 21 Thu Mar 2024 | 37.43 | 37.33 | 37.77 | 37.06 | 0.782 times |
| 20 Wed Mar 2024 | 37.07 | 35.38 | 37.66 | 35.15 | 0.887 times |
| 19 Tue Mar 2024 | 35.59 | 35.23 | 35.84 | 35.23 | 0.688 times |
| 18 Mon Mar 2024 | 35.34 | 35.72 | 35.99 | 35.23 | 0.86 times |
| 15 Fri Mar 2024 | 35.72 | 35.32 | 36.17 | 35.32 | 3.004 times |
| 14 Thu Mar 2024 | 35.30 | 36.51 | 36.51 | 35.14 | 1.093 times |
| 13 Wed Mar 2024 | 36.43 | 36.58 | 37.02 | 36.15 | 0.716 times |
| 12 Tue Mar 2024 | 36.51 | 36.83 | 36.84 | 36.31 | 0.86 times |
My analysis of stock is bullish for shortterm, and stock might move up till 37.6 or till 38.6. Use a stoploss of 36.75 and if this stock hits its stoploss, then it can fall down till 35.9
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 31.54 |
| Downside Target | 34.25 |
| Downside Target | 35.87 |
| Upside Target | 37.57 |
| Upside Target | 37.61 |
| Upside Target | 37.77 |
| Upside Target | 39.70 |
| Upside Target | 40.59 |
| Upside Target | 41.93 |
| Upside Target | 42.82 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 36.49 |
| Downside Intraday Target | 36.11 |
| Upside Intraday Target | 37.41 |
| Upside Intraday Target | 37.95 |
| Upside Intraday Target | 37.03 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 36.87 | 37.02 | 37.57 | 36.65 | 0.115 times |
| 22 Fri Mar 2024 | 36.89 | 35.72 | 37.77 | 35.15 | 0.602 times |
| 15 Fri Mar 2024 | 35.72 | 37.30 | 37.37 | 35.14 | 0.758 times |
| 08 Fri Mar 2024 | 37.23 | 38.31 | 39.70 | 35.87 | 2.658 times |
| 01 Fri Mar 2024 | 36.38 | 37.19 | 37.61 | 35.89 | 0.711 times |
Price has moved down 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 |
| 25 Mon Mar 2024 | 36.87 | 36.61 | 39.70 | 35.14 | 1.057 times |
| 29 Thu Feb 2024 | 36.84 | 40.33 | 40.59 | 36.10 | 0.804 times |
| 31 Wed Jan 2024 | 40.09 | 40.09 | 42.82 | 34.25 | 1.484 times |
| 29 Fri Dec 2023 | 40.38 | 34.59 | 41.93 | 34.59 | 1.694 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a BUY signal for Mercantile Bank 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.
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 red color and prices are below the red cloud Prices appear to be coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 36.12 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a BUY signal for Mercantile Bank 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.
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 red color and prices are below the red cloud Prices appear to be coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 36.12 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.