(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 2024-12-09 View latest technical analysis
10 day averaged volume of Mercantile Bank is 62950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 49.86 | 50.51 | 50.68 | 49.83 | 0.833 times |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 1.739 times |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 1.739 times |
| 25 Mon Nov 2024 | 51.14 | 51.14 | 52.98 | 51.06 | 1.597 times |
| 22 Fri Nov 2024 | 50.39 | 49.35 | 50.58 | 48.82 | 1.014 times |
| 21 Thu Nov 2024 | 49.04 | 48.56 | 49.67 | 48.56 | 0.659 times |
| 20 Wed Nov 2024 | 48.33 | 48.34 | 48.70 | 48.03 | 0.494 times |
| 19 Tue Nov 2024 | 48.56 | 47.70 | 48.67 | 47.70 | 0.551 times |
| 18 Mon Nov 2024 | 48.52 | 49.03 | 49.51 | 48.45 | 0.615 times |
| 15 Fri Nov 2024 | 49.10 | 49.77 | 49.79 | 48.60 | 0.828 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 51 as stoploss in an intra day sell trade for a target of 48.62. However, stock will show a bullish move above 51.
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 40.37 |
| Downside Target | 42.40 |
| Downside Target | 46.74 |
| Downside Target | 49.60 |
| Downside Target | 49.83 |
| Upside Target | 50.58 |
| Upside Target | 50.68 |
| Upside Target | 50.78 |
| Upside Target | 51.06 |
| Upside Target | 52.98 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 49.57 |
| Downside Intraday Target | 49.27 |
| Upside Intraday Target | 50.42 |
| Upside Intraday Target | 50.97 |
| Upside Intraday Target | 50.12 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 49.86 | 50.51 | 50.68 | 49.83 | 0.479 times |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 0.521 times |
| 26 Tue Nov 2024 | 50.10 | 51.14 | 52.98 | 49.60 | 1.001 times |
| 22 Fri Nov 2024 | 50.39 | 49.03 | 50.58 | 47.70 | 0.754 times |
| 15 Fri Nov 2024 | 49.10 | 49.34 | 51.06 | 48.60 | 0.62 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 |
| 09 Mon Dec 2024 | 49.86 | 50.51 | 50.68 | 49.83 | 0.04 times |
| 26 Tue Nov 2024 | 50.10 | 43.33 | 52.98 | 42.40 | 1.14 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 |
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)
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
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 getting stronger in this stock.
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 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 49.86 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.
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 getting stronger in this stock.
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 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 49.86 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.