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

(MBIN) Merchants Bancorp complete technical analysis [charts+indicators] | Buy/Sell Merchants Bancorp | (MBIN) share price targets

Complete technical analysis of Merchants Bancorp (MBIN) by charts plus indicators, forecast predictions and share price targets for Merchants Bancorp (MBIN)

Merchants Bancorp trades in USA in Finance sector.

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 151700

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	40.84	39.57	41.12	39.57	1.459 times
18 Mon Mar 2024	39.60	39.54	39.92	39.26	1.292 times
15 Fri Mar 2024	39.71	40.38	41.03	39.46	2.035 times
14 Thu Mar 2024	40.52	41.94	42.04	40.27	1.019 times
13 Wed Mar 2024	42.22	43.14	43.48	41.48	0.992 times
12 Tue Mar 2024	43.04	43.46	43.74	42.53	0.508 times
11 Mon Mar 2024	43.83	44.59	44.89	43.37	0.499 times
08 Fri Mar 2024	44.60	45.51	45.88	44.57	0.667 times
07 Thu Mar 2024	45.27	44.53	45.71	44.38	0.829 times
06 Wed Mar 2024	44.31	43.60	44.60	43.11	1.658 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 40.7 as stoploss in an intra day buy trade for a target of 42.2. However, stock will show a bearish move below 40.7.

Share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Target	29.60
Downside Target	33.05
Downside Target	34.20
Downside Target	38.14
Downside Target	39.26
Downside Target	40.80
Upside Target	42.12
Upside Target	43.12
Upside Target	43.89
Upside Target	44.26
Upside Target	44.89
Upside Target	45.88
Upside Target	48.68

Intraday share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Intraday Target	39.69
Downside Intraday Target	38.55
Upside Intraday Target	41.55
Upside Intraday Target	42.27
Downside Intraday Target	40.41

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	40.84	39.54	41.12	39.26	0.544 times
15 Fri Mar 2024	39.71	44.59	44.89	39.46	1.265 times
08 Fri Mar 2024	44.60	42.66	45.88	42.12	1.524 times
01 Fri Mar 2024	42.57	41.66	43.12	40.80	1.316 times
23 Fri Feb 2024	41.59	41.64	42.20	40.89	0.356 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 Merchants Bancorp (MBIN)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	40.84	42.70	45.88	39.26	0.779 times
29 Thu Feb 2024	42.86	44.10	44.26	38.14	1.029 times
31 Wed Jan 2024	43.74	42.06	48.68	38.45	0.775 times
29 Fri Dec 2023	42.58	33.55	43.89	33.05	0.925 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 Merchants Bancorp (MBIN)

Price action analysis of Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp ( (MBIN) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Merchants Bancorp in short term and the sell signal is strong.

Merchants Bancorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Merchants Bancorp in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Merchants Bancorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.91 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.

Merchants Bancorp Stock has given negative 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.