(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 2024-08-26 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 211156
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 46.10 | 46.95 | 47.13 | 45.99 | 0.755 times |
| 23 Fri Aug 2024 | 46.37 | 44.77 | 47.94 | 44.44 | 2.078 times |
| 22 Thu Aug 2024 | 44.70 | 43.71 | 44.91 | 43.71 | 1.811 times |
| 21 Wed Aug 2024 | 43.92 | 43.96 | 43.96 | 43.12 | 0.509 times |
| 20 Tue Aug 2024 | 43.68 | 43.57 | 43.85 | 43.12 | 0.811 times |
| 19 Mon Aug 2024 | 43.77 | 43.59 | 44.12 | 43.06 | 0.678 times |
| 16 Fri Aug 2024 | 43.66 | 41.59 | 43.69 | 41.59 | 1.357 times |
| 15 Thu Aug 2024 | 41.52 | 41.89 | 42.83 | 41.36 | 1.023 times |
| 14 Wed Aug 2024 | 40.78 | 41.46 | 41.66 | 40.46 | 0.609 times |
| 13 Tue Aug 2024 | 41.08 | 40.84 | 41.38 | 40.14 | 0.663 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.6, but if it comes below 44.6, then a intra day sell could be more profitable.
If you take a sell trade below 44.6, then use 44.6 as stoploss and 42.4 as target. However if you take a buy trade in stock , then use 44.6 as stoploss and 47.3 as target.
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 |
| Downside Target | 44.02 |
| Downside Target | 45.99 |
| Upside Target | 47.13 |
| Upside Target | 47.94 |
| Upside Target | 48.63 |
| Upside Target | 53.13 |
Intraday share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Intraday Target | 45.68 |
| Downside Intraday Target | 45.27 |
| Upside Intraday Target | 46.82 |
| Upside Intraday Target | 47.55 |
| Upside Intraday Target | 46.41 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 46.10 | 46.95 | 47.13 | 45.99 | 0.128 times |
| 23 Fri Aug 2024 | 46.37 | 43.59 | 47.94 | 43.06 | 1.431 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 |
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 |
| 26 Mon Aug 2024 | 46.10 | 46.30 | 47.94 | 37.64 | 0.639 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 up 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Merchants Bancorp in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 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 44.04 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.
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Merchants Bancorp in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 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 44.04 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.