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(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 2025-03-19 View latest technical analysis

10 day averaged volume of Mercantile Bank is 58518

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Mar 2025	45.07	44.48	46.43	44.39	1.581 times
18 Tue Mar 2025	44.48	43.70	44.88	43.40	1.123 times
17 Mon Mar 2025	44.58	44.62	45.04	44.34	0.827 times
14 Fri Mar 2025	44.71	44.22	45.25	43.78	0.666 times
13 Thu Mar 2025	43.67	44.45	44.97	43.67	0.595 times
12 Wed Mar 2025	44.17	44.11	44.65	43.75	1.092 times
11 Tue Mar 2025	43.77	43.05	44.28	42.85	1.333 times
10 Mon Mar 2025	43.82	44.90	45.35	43.82	0.995 times
07 Fri Mar 2025	45.57	45.47	45.86	44.77	0.861 times
06 Thu Mar 2025	45.75	45.61	46.34	44.34	1.309 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.4 as stoploss in an intra day buy trade for a target of 46.02. However, stock will show a bearish move below 44.4.

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	40.57
Downside Target	42.40
Upside Target	45.35
Upside Target	46.43
Upside Target	48.50
Upside Target	48.66
Upside Target	49.93
Upside Target	50.79
Upside Target	51.32
Upside Target	51.89
Upside Target	52.98

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	43.5
Downside Intraday Target	41.94
Upside Intraday Target	46.53
Upside Intraday Target	48
Downside Intraday Target	44.97

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Mar 2025	45.07	44.62	46.43	43.40	0.754 times
14 Fri Mar 2025	44.71	44.90	45.35	42.85	0.716 times
07 Fri Mar 2025	45.57	48.13	48.66	44.34	1.294 times
28 Fri Feb 2025	48.21	47.96	48.50	46.70	1.056 times
21 Fri Feb 2025	47.65	48.62	49.93	47.34	0.575 times

Price has moved up 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
19 Wed Mar 2025	45.07	48.13	48.66	42.85	0.648 times
28 Fri Feb 2025	48.21	47.18	51.89	45.37	0.851 times
31 Fri Jan 2025	48.81	44.97	50.79	40.57	1.316 times
31 Tue Dec 2024	44.49	50.51	51.32	44.06	0.906 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mercantile Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mercantile Bank in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mercantile Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 44.61 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 has given negative 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.