(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 2024-04-02 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 150280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 41.45 | 41.69 | 42.23 | 41.38 | 0.58 times |
| 01 Mon Apr 2024 | 42.26 | 43.45 | 44.02 | 41.95 | 0.498 times |
| 28 Thu Mar 2024 | 43.18 | 42.25 | 43.26 | 42.13 | 1.143 times |
| 27 Wed Mar 2024 | 42.10 | 40.85 | 42.14 | 40.64 | 1.221 times |
| 26 Tue Mar 2024 | 40.85 | 41.46 | 41.71 | 40.73 | 0.649 times |
| 25 Mon Mar 2024 | 41.49 | 41.64 | 42.22 | 41.30 | 0.604 times |
| 22 Fri Mar 2024 | 41.62 | 43.24 | 43.41 | 41.55 | 0.592 times |
| 21 Thu Mar 2024 | 43.26 | 42.58 | 43.35 | 42.58 | 1.067 times |
| 20 Wed Mar 2024 | 42.49 | 40.60 | 42.53 | 40.50 | 1.449 times |
| 19 Tue Mar 2024 | 40.84 | 39.57 | 41.12 | 39.57 | 1.473 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 40.8 as stoploss in an intra day buy trade for a target of 42.31. However, stock will show a bearish move below 40.8.
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 33.05 |
| Downside Target | 38.14 |
| Downside Target | 39.26 |
| Downside Target | 40.64 |
| Upside Target | 43.26 |
| Upside Target | 44.02 |
| 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 | 40.55 |
| Downside Intraday Target | 39.64 |
| Upside Intraday Target | 43.19 |
| Upside Intraday Target | 44.92 |
| Upside Intraday Target | 42.28 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 41.45 | 43.45 | 44.02 | 41.38 | 0.298 times |
| 28 Thu Mar 2024 | 43.18 | 41.64 | 43.26 | 40.64 | 0.615 times |
| 22 Fri Mar 2024 | 41.62 | 39.54 | 43.41 | 39.26 | 1.154 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 |
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 Merchants Bancorp (MBIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 41.45 | 43.45 | 44.02 | 41.38 | 0.056 times |
| 28 Thu Mar 2024 | 43.18 | 42.70 | 45.88 | 39.26 | 1.203 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 |
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 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 Merchants Bancorp ( (MBIN) ) 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Merchants Bancorp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
Merchants Bancorp 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merchants Bancorp in short term and SELL 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
Although the stock is in the SELL zone, but selling 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 42.04 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp Stock is giving positive 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.
Price action analysis of Merchants Bancorp ( (MBIN) ) 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 Merchants Bancorp ( (MBIN) ) 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Merchants Bancorp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
Merchants Bancorp 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Merchants Bancorp in short term and SELL 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
Although the stock is in the SELL zone, but selling 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 42.04 and Merchants Bancorp (MBIN) 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 Merchants Bancorp (MBIN) stock. Volume based technical analysis of Merchants Bancorp (MBIN) stock is negative.
Merchants Bancorp Stock is giving positive 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.