(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 2024-08-05 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 344840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 39.57 | 38.95 | 40.37 | 37.64 | 0.962 times |
| 02 Fri Aug 2024 | 40.81 | 41.28 | 41.59 | 40.50 | 0.665 times |
| 01 Thu Aug 2024 | 42.86 | 46.30 | 46.30 | 42.77 | 0.802 times |
| 31 Wed Jul 2024 | 45.00 | 43.79 | 45.75 | 43.55 | 1.289 times |
| 30 Tue Jul 2024 | 44.26 | 50.00 | 50.00 | 43.00 | 2.702 times |
| 29 Mon Jul 2024 | 52.10 | 52.61 | 53.13 | 51.92 | 0.857 times |
| 26 Fri Jul 2024 | 52.59 | 51.99 | 52.97 | 51.10 | 0.845 times |
| 25 Thu Jul 2024 | 51.24 | 50.91 | 53.10 | 50.91 | 0.767 times |
| 24 Wed Jul 2024 | 50.90 | 50.50 | 51.62 | 50.20 | 0.719 times |
| 23 Tue Jul 2024 | 50.84 | 48.96 | 51.25 | 48.96 | 0.806 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 37.8, for a target of 42.5 or 46.48
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 37.03 |
| Downside Target | 38.42 |
| Downside Target | 39.32 |
| Upside Target | 42.41 |
| Upside Target | 44.02 |
| Upside Target | 46.30 |
| Upside Target | 48.28 |
| Upside Target | 48.63 |
| Upside Target | 49.86 |
| Upside Target | 53.10 |
| Upside Target | 53.13 |
Intraday share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Intraday Target | 38.02 |
| Downside Intraday Target | 36.46 |
| Upside Intraday Target | 40.75 |
| Upside Intraday Target | 41.92 |
| Downside Intraday Target | 39.19 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 39.57 | 38.95 | 40.37 | 37.64 | 0.152 times |
| 02 Fri Aug 2024 | 40.81 | 52.61 | 53.13 | 40.50 | 1.713 times |
| 26 Fri Jul 2024 | 52.59 | 48.95 | 53.10 | 48.28 | 0.852 times |
| 19 Fri Jul 2024 | 48.95 | 44.43 | 49.86 | 44.28 | 1.552 times |
| 12 Fri Jul 2024 | 43.94 | 40.61 | 44.73 | 39.98 | 3.877 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 |
| 05 Mon Aug 2024 | 39.57 | 46.30 | 46.30 | 37.64 | 0.141 times |
| 31 Wed Jul 2024 | 45.00 | 40.55 | 53.13 | 39.98 | 1.509 times |
| 28 Fri Jun 2024 | 40.54 | 40.36 | 42.41 | 38.42 | 0.632 times |
| 31 Fri May 2024 | 40.05 | 40.57 | 48.63 | 39.32 | 2.222 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
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 SELL signal in short term but selling is losing 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 46.39 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
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 SELL signal in short term but selling is losing 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 46.39 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.