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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.

10 day averaged volume of Mercantile Bank is 68350

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	43.48	43.07	43.77	42.67	0.664 times
31 Mon Mar 2025	43.44	43.32	44.12	42.03	0.679 times
28 Fri Mar 2025	44.03	45.37	45.68	43.71	0.812 times
24 Mon Mar 2025	45.37	44.95	45.40	44.71	0.822 times
21 Fri Mar 2025	44.25	44.09	44.57	43.59	2.619 times
20 Thu Mar 2025	44.54	44.56	45.38	44.36	0.966 times
19 Wed Mar 2025	45.07	44.48	46.43	44.39	1.353 times
18 Tue Mar 2025	44.48	43.70	44.88	43.40	0.961 times
17 Mon Mar 2025	44.58	44.62	45.04	44.34	0.708 times
14 Fri Mar 2025	44.71	44.22	45.25	43.78	0.571 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.6, but if it comes above 43.6, then a intra day buy could be more profitable.
If you take a sell trade below 43.6, then use 43.6 as stoploss and 42 as target. However if you take a buy trade in stock , then use 43.6 as stoploss and 44.98 as target.

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	40.57
Downside Target	42.03
Upside Target	45.35
Upside Target	45.37
Upside Target	45.68
Upside Target	46.43
Upside Target	48.66
Upside Target	50.79
Upside Target	51.32
Upside Target	51.89

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	42.3
Downside Intraday Target	41.12
Upside Intraday Target	44.39
Upside Intraday Target	45.3
Downside Intraday Target	43.21

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	43.48	43.32	44.12	42.03	0.822 times
28 Fri Mar 2025	44.03	44.95	45.68	43.71	0.247 times
21 Fri Mar 2025	44.25	44.62	46.43	43.40	1.649 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

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
01 Tue Apr 2025	43.48	43.07	43.77	42.67	0.036 times
31 Mon Mar 2025	43.44	48.13	48.66	42.03	0.951 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

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 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 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 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 neutral. A longer time frame might give a better analysis.

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

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

Mercantile Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but BUY signal is weak.

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 44.43 and Mercantile Bank (MBWM) stock is trading below this level. This means that stock is falling with high volumes. 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.