(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 2024-11-18 View latest technical analysis
10 day averaged volume of Mercantile Bank is 72700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 48.52 | 49.03 | 49.51 | 48.45 | 0.532 times |
| 15 Fri Nov 2024 | 49.10 | 49.77 | 49.79 | 48.60 | 0.717 times |
| 14 Thu Nov 2024 | 49.45 | 49.95 | 50.60 | 49.14 | 0.662 times |
| 13 Wed Nov 2024 | 49.56 | 50.85 | 51.06 | 49.47 | 0.733 times |
| 12 Tue Nov 2024 | 50.22 | 49.84 | 50.86 | 49.84 | 0.939 times |
| 11 Mon Nov 2024 | 50.36 | 49.34 | 50.71 | 48.86 | 0.776 times |
| 08 Fri Nov 2024 | 48.46 | 48.33 | 48.95 | 48.12 | 0.854 times |
| 07 Thu Nov 2024 | 47.99 | 50.78 | 50.78 | 47.87 | 1.319 times |
| 06 Wed Nov 2024 | 51.16 | 48.39 | 51.31 | 48.39 | 2.578 times |
| 05 Tue Nov 2024 | 43.90 | 43.03 | 44.08 | 42.98 | 0.692 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.2 as stoploss in an intra day sell trade for a target of 46.2. However, stock will show a bullish move above 49.2.
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 38.02 |
| Downside Target | 40.37 |
| Downside Target | 42.40 |
| Downside Target | 45.34 |
| Downside Target | 46.74 |
| Downside Target | 48.45 |
| Upside Target | 48.60 |
| Upside Target | 49.51 |
| Upside Target | 51.06 |
| Upside Target | 51.21 |
| Upside Target | 51.31 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 48.14 |
| Downside Intraday Target | 47.77 |
| Upside Intraday Target | 49.2 |
| Upside Intraday Target | 49.89 |
| Upside Intraday Target | 48.83 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 48.52 | 49.03 | 49.51 | 48.45 | 0.139 times |
| 15 Fri Nov 2024 | 49.10 | 49.34 | 51.06 | 48.60 | 0.62 times |
| 08 Fri Nov 2024 | 48.46 | 42.82 | 51.31 | 42.40 | 1.992 times |
| 01 Fri Nov 2024 | 43.21 | 43.19 | 45.34 | 42.78 | 0.951 times |
| 25 Fri Oct 2024 | 42.64 | 45.50 | 45.51 | 42.54 | 0.777 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 |
| 18 Mon Nov 2024 | 48.52 | 43.33 | 51.31 | 42.40 | 0.714 times |
| 31 Thu Oct 2024 | 42.86 | 43.46 | 46.74 | 40.85 | 0.85 times |
| 30 Mon Sep 2024 | 43.72 | 45.64 | 47.48 | 41.34 | 1.03 times |
| 30 Fri Aug 2024 | 45.98 | 48.25 | 48.36 | 40.37 | 0.767 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Mercantile Bank in short term and SELL 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 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 49.3 and Mercantile Bank (MBWM) stock is trading below this level. This means that stock is falling with high volumes. 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.
Price action analysis of Mercantile Bank ( (MBWM) ) 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Mercantile Bank in short term and SELL 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 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 49.3 and Mercantile Bank (MBWM) stock is trading below this level. This means that stock is falling with high volumes. 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.