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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 2024-09-23 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 150500

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	45.23	45.61	45.76	44.86	0.645 times
20 Fri Sep 2024	45.57	46.92	47.02	45.43	1.898 times
19 Thu Sep 2024	47.16	47.00	47.16	46.18	0.528 times
18 Wed Sep 2024	45.82	45.49	47.42	45.00	0.817 times
17 Tue Sep 2024	45.45	45.44	46.88	45.19	0.68 times
16 Mon Sep 2024	44.88	44.03	45.07	43.81	1.318 times
13 Fri Sep 2024	43.90	42.98	43.92	42.95	0.569 times
12 Thu Sep 2024	42.35	41.50	43.07	41.50	1.016 times
11 Wed Sep 2024	42.35	42.77	43.03	41.44	0.776 times
10 Tue Sep 2024	42.99	42.77	42.99	41.88	1.007 times

My analysis of stock is bullish for shortterm, and stock might move up till 46 or till 47.6. Use a stoploss of 44.67 and if this stock hits its stoploss, then it can fall down till 43.34

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
Downside Target	44.86
Upside Target	45.94
Upside Target	46.32
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	44.81
Downside Intraday Target	44.38
Upside Intraday Target	45.71
Upside Intraday Target	46.18
Upside Intraday Target	45.28

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	45.23	45.61	45.76	44.86	0.123 times
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

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
23 Mon Sep 2024	45.23	45.25	47.42	41.44	0.548 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 below 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 44.54 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.