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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 2024-09-25 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 129270

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	44.24	44.82	44.82	44.14	0.53 times
24 Tue Sep 2024	44.73	45.24	45.24	44.40	0.4 times
23 Mon Sep 2024	45.23	45.61	45.76	44.86	0.75 times
20 Fri Sep 2024	45.57	46.92	47.02	45.43	2.209 times
19 Thu Sep 2024	47.16	47.00	47.16	46.18	0.615 times
18 Wed Sep 2024	45.82	45.49	47.42	45.00	0.951 times
17 Tue Sep 2024	45.45	45.44	46.88	45.19	0.791 times
16 Mon Sep 2024	44.88	44.03	45.07	43.81	1.534 times
13 Fri Sep 2024	43.90	42.98	43.92	42.95	0.663 times
12 Thu Sep 2024	42.35	41.50	43.07	41.50	1.183 times

My analysis of stock is bearish for shortterm, and stock might move down till 43.3 or till 41.7. Use a stoploss of 44.58 and if the stock hits stoploss, then it can shoot up till 45.89

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	45.07
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	43.67
Downside Intraday Target	43.09
Upside Intraday Target	45.29
Upside Intraday Target	46.33
Upside Intraday Target	44.71

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	44.24	45.61	45.76	44.14	0.275 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
25 Wed Sep 2024	44.24	45.25	47.42	41.44	0.574 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Merchants Bancorp ( (MBIN) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 but the sell signal is initial and weak.

Merchants Bancorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 44.93 and Merchants Bancorp (MBIN) stock is trading below this level. This means that stock is falling with high volumes. 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.