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(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 2024-08-19 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 189635

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	43.77	43.59	44.12	43.06	0.755 times
16 Fri Aug 2024	43.66	41.59	43.69	41.59	1.511 times
15 Thu Aug 2024	41.52	41.89	42.83	41.36	1.139 times
14 Wed Aug 2024	40.78	41.46	41.66	40.46	0.678 times
13 Tue Aug 2024	41.08	40.84	41.38	40.14	0.739 times
12 Mon Aug 2024	40.34	40.42	40.70	40.08	0.514 times
09 Fri Aug 2024	40.02	40.18	40.25	39.46	0.765 times
08 Thu Aug 2024	40.18	40.07	40.52	39.30	0.846 times
07 Wed Aug 2024	39.38	40.51	40.93	39.17	0.966 times
06 Tue Aug 2024	40.04	39.71	40.56	38.93	1.094 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.4 or till 33.9. Use a stoploss of 44.05 and if the stock hits stoploss, then it can shoot up till 48.66

Share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Target	37.03
Downside Target	38.42
Downside Target	39.32
Downside Target	42.41
Upside Target	44.02
Upside Target	44.12
Upside Target	46.30
Upside Target	48.28
Upside Target	48.63
Upside Target	53.10
Upside Target	53.13

Intraday share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Intraday Target	43.18
Downside Intraday Target	42.59
Upside Intraday Target	44.24
Upside Intraday Target	44.71
Downside Intraday Target	43.65

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	43.77	43.59	44.12	43.06	0.165 times
16 Fri Aug 2024	43.66	40.42	43.69	40.08	0.845 times
09 Fri Aug 2024	40.02	38.95	40.93	37.64	0.472 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

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 Mon Aug 2024	43.77	46.30	46.30	37.64	0.427 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Merchants Bancorp in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Merchants Bancorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Merchants Bancorp in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 41.25 and Merchants Bancorp (MBIN) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.