Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-20 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 148070

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	45.57	46.92	47.02	45.43	1.929 times
19 Thu Sep 2024	47.16	47.00	47.16	46.18	0.537 times
18 Wed Sep 2024	45.82	45.49	47.42	45.00	0.83 times
17 Tue Sep 2024	45.45	45.44	46.88	45.19	0.691 times
16 Mon Sep 2024	44.88	44.03	45.07	43.81	1.339 times
13 Fri Sep 2024	43.90	42.98	43.92	42.95	0.579 times
12 Thu Sep 2024	42.35	41.50	43.07	41.50	1.033 times
11 Wed Sep 2024	42.35	42.77	43.03	41.44	0.789 times
10 Tue Sep 2024	42.99	42.77	42.99	41.88	1.023 times
09 Mon Sep 2024	42.43	43.02	43.42	42.17	1.415 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 46.1 as stoploss in an intra day sell trade for a target of 44.72. However, stock will show a bullish move above 46.1.

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	46.32
Upside Target	47.13
Upside Target	47.42
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	43.78
Downside Intraday Target	41.99
Upside Intraday Target	47.39
Upside Intraday Target	49.21
Upside Intraday Target	45.6

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	45.57	44.03	47.42	43.81	1.101 times
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

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
20 Fri Sep 2024	45.57	45.25	47.42	41.44	0.527 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 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 losing 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 SELL signal for Merchants Bancorp in short term but SELL signal is weak.

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 44.21 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.