(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 2024-08-08 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 345535
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 40.18 | 40.07 | 40.52 | 39.30 | 0.464 times |
| 07 Wed Aug 2024 | 39.38 | 40.51 | 40.93 | 39.17 | 0.53 times |
| 06 Tue Aug 2024 | 40.04 | 39.71 | 40.56 | 38.93 | 0.6 times |
| 05 Mon Aug 2024 | 39.57 | 38.95 | 40.37 | 37.64 | 0.96 times |
| 02 Fri Aug 2024 | 40.81 | 41.28 | 41.59 | 40.50 | 0.663 times |
| 01 Thu Aug 2024 | 42.86 | 46.30 | 46.30 | 42.77 | 0.8 times |
| 31 Wed Jul 2024 | 45.00 | 43.79 | 45.75 | 43.55 | 1.286 times |
| 30 Tue Jul 2024 | 44.26 | 50.00 | 50.00 | 43.00 | 2.696 times |
| 29 Mon Jul 2024 | 52.10 | 52.61 | 53.13 | 51.92 | 0.855 times |
| 26 Fri Jul 2024 | 52.59 | 51.99 | 52.97 | 51.10 | 0.843 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.7, but if it comes above 41.7, then a intra day buy could be more profitable.
If you take a sell trade below 41.7, then use 41.7 as stoploss and 36.4 as target. However if you take a buy trade in stock , then use 41.7 as stoploss and 46.08 as target.
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 | 38.24 |
| Downside Intraday Target | 36.29 |
| Upside Intraday Target | 41.53 |
| Upside Intraday Target | 42.87 |
| Downside Intraday Target | 39.58 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 40.18 | 38.95 | 40.93 | 37.64 | 0.405 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 |
| 08 Thu Aug 2024 | 40.18 | 46.30 | 46.30 | 37.64 | 0.233 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 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 44.24 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.
Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 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 44.24 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.