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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 2024-09-13 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 184650

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	43.90	42.98	43.92	42.95	0.464 times
12 Thu Sep 2024	42.35	41.50	43.07	41.50	0.828 times
11 Wed Sep 2024	42.35	42.77	43.03	41.44	0.633 times
10 Tue Sep 2024	42.99	42.77	42.99	41.88	0.82 times
09 Mon Sep 2024	42.43	43.02	43.42	42.17	1.135 times
06 Fri Sep 2024	43.38	44.52	44.91	43.02	1.415 times
05 Thu Sep 2024	44.42	44.57	44.97	43.90	1.866 times
04 Wed Sep 2024	44.20	45.49	46.32	44.20	1.067 times
03 Tue Sep 2024	45.50	45.25	45.87	44.91	0.863 times
30 Fri Aug 2024	45.85	45.61	45.94	45.07	0.686 times

My analysis of stock is bearish for shortterm, and stock might move down till 43.1 or till 41.6. Use a stoploss of 44.39 and if the stock hits stoploss, then it can shoot up till 45.65

Share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Target	37.64
Downside Target	38.42
Downside Target	39.32
Downside Target	41.44
Downside Target	42.41
Upside Target	43.92
Upside Target	46.32
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	42.25
Downside Intraday Target	40.61
Upside Intraday Target	44.73
Upside Intraday Target	45.57
Downside Intraday Target	43.09

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	43.90	43.02	43.92	41.44	0.744 times
06 Fri Sep 2024	43.38	45.25	46.32	43.02	7.596 times
30 Fri Aug 2024	45.85	45.61	45.94	45.07	0.14 times
30 Fri Aug 2024	45.85	46.95	47.13	44.23	0.73 times
23 Fri Aug 2024	46.37	43.59	47.94	43.06	1.431 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
13 Fri Sep 2024	43.90	45.25	46.32	41.44	0.359 times
30 Fri Aug 2024	45.85	46.30	47.94	37.64	0.786 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

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Merchants Bancorp in short term and the sell 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 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 in or above 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 43.76 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 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.