(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 2024-04-08 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 119240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 41.21 | 41.45 | 41.45 | 40.71 | 0.814 times |
| 05 Fri Apr 2024 | 41.38 | 41.47 | 42.24 | 41.32 | 1.639 times |
| 04 Thu Apr 2024 | 41.76 | 41.43 | 42.74 | 41.43 | 0.95 times |
| 03 Wed Apr 2024 | 41.11 | 41.19 | 41.72 | 41.03 | 0.748 times |
| 02 Tue Apr 2024 | 41.45 | 41.69 | 42.23 | 41.38 | 0.731 times |
| 01 Mon Apr 2024 | 42.26 | 43.45 | 44.02 | 41.95 | 0.627 times |
| 28 Thu Mar 2024 | 43.18 | 42.25 | 43.26 | 42.13 | 1.44 times |
| 27 Wed Mar 2024 | 42.10 | 40.85 | 42.14 | 40.64 | 1.539 times |
| 26 Tue Mar 2024 | 40.85 | 41.46 | 41.71 | 40.73 | 0.819 times |
| 25 Mon Mar 2024 | 41.49 | 41.64 | 42.22 | 41.30 | 0.761 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.6 or till 39.3. Use a stoploss of 41.7 and if the stock hits stoploss, then it can shoot up till 42.8
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 | 43.89 |
| 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 | 40.8 |
| Downside Intraday Target | 40.38 |
| Upside Intraday Target | 41.54 |
| Upside Intraday Target | 41.86 |
| Downside Intraday Target | 41.12 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 41.21 | 41.45 | 41.45 | 40.71 | 0.173 times |
| 05 Fri Apr 2024 | 41.38 | 43.45 | 44.02 | 41.03 | 1.03 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 |
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 |
| 08 Mon Apr 2024 | 41.21 | 43.45 | 44.02 | 40.71 | 0.229 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 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 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 Merchants Bancorp ( (MBIN) ) 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 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 BUY. 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 getting stronger in this stock.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Merchants Bancorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.77 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 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 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 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 Merchants Bancorp ( (MBIN) ) 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 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 BUY. 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 getting stronger in this stock.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Merchants Bancorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.77 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.