Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2026-02-03 View latest technical analysis

10 day averaged volume of Mercantile Bank is 112160

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Feb 2026	53.77	53.26	54.43	52.75	0.799 times
02 Mon Feb 2026	53.46	51.98	53.65	51.98	0.666 times
30 Fri Jan 2026	51.98	50.92	52.23	50.92	1.287 times
29 Thu Jan 2026	51.32	49.97	51.74	49.95	0.931 times
28 Wed Jan 2026	49.97	50.71	51.29	49.96	0.776 times
27 Tue Jan 2026	50.86	50.98	51.40	50.72	0.522 times
26 Mon Jan 2026	51.02	51.02	51.54	50.51	0.913 times
23 Fri Jan 2026	51.12	53.20	53.20	50.80	1.197 times
22 Thu Jan 2026	53.31	53.89	54.60	53.17	0.926 times
21 Wed Jan 2026	53.55	51.18	54.06	51.10	1.353 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 54.4, for a target of 52.4 or 50.77

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	42.75
Downside Target	46.15
Downside Target	49.95
Downside Target	50.84
Downside Target	51.98
Downside Target	52.23
Upside Target	54.43
Upside Target	54.60

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	52.36
Downside Intraday Target	50.94
Upside Intraday Target	54.81
Upside Intraday Target	55.84
Downside Intraday Target	53.39

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Feb 2026	53.77	51.98	54.43	51.98	0.331 times
30 Fri Jan 2026	51.98	51.02	52.23	49.95	0.903 times
23 Fri Jan 2026	51.12	50.24	54.60	48.93	1.464 times
16 Fri Jan 2026	50.24	48.94	50.78	48.14	0.664 times
09 Fri Jan 2026	48.94	47.52	50.84	47.40	1.361 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
03 Tue Feb 2026	53.77	51.98	54.43	51.98	0.077 times
30 Fri Jan 2026	51.98	48.25	54.60	47.06	0.987 times
31 Wed Dec 2025	48.10	46.17	50.41	46.15	2.149 times
28 Fri Nov 2025	45.98	44.06	47.50	43.00	0.624 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 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 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 gaining momentum.

MACD generated a BUY signal for Mercantile Bank in short term and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 52.1 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 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.