(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 2024-10-10 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 73590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 44.73 | 43.93 | 44.73 | 43.51 | 0.73 times |
| 09 Wed Oct 2024 | 44.42 | 43.92 | 44.80 | 43.92 | 0.7 times |
| 08 Tue Oct 2024 | 43.92 | 44.05 | 44.92 | 43.57 | 2.286 times |
| 07 Mon Oct 2024 | 43.99 | 44.13 | 44.16 | 43.65 | 0.916 times |
| 04 Fri Oct 2024 | 44.29 | 44.38 | 44.63 | 43.89 | 0.784 times |
| 03 Thu Oct 2024 | 43.45 | 43.03 | 43.69 | 42.36 | 0.89 times |
| 02 Wed Oct 2024 | 43.18 | 43.37 | 44.28 | 43.18 | 0.607 times |
| 01 Tue Oct 2024 | 43.67 | 44.92 | 44.92 | 43.39 | 1.205 times |
| 30 Mon Sep 2024 | 44.96 | 44.20 | 45.26 | 44.20 | 0.982 times |
| 27 Fri Sep 2024 | 44.52 | 44.60 | 45.22 | 43.97 | 0.709 times |
My analysis of stock is bullish for shortterm, and stock might move up till 45.5 or till 46.6. Use a stoploss of 44.62 and if this stock hits its stoploss, then it can fall down till 43.72
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 37.64 |
| Downside Target | 38.42 |
| Downside Target | 39.98 |
| Downside Target | 41.44 |
| Downside Target | 42.36 |
| Downside Target | 43.51 |
| Upside Target | 44.92 |
| Upside Target | 45.26 |
| Upside Target | 45.76 |
| Upside Target | 47.42 |
| Upside Target | 47.94 |
| Upside Target | 53.13 |
Intraday share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Intraday Target | 43.85 |
| Downside Intraday Target | 42.98 |
| Upside Intraday Target | 45.26 |
| Upside Intraday Target | 45.8 |
| Downside Intraday Target | 44.39 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 44.73 | 44.13 | 44.92 | 43.51 | 1.036 times |
| 04 Fri Oct 2024 | 44.29 | 44.20 | 45.26 | 42.36 | 0.976 times |
| 27 Fri Sep 2024 | 44.52 | 45.61 | 45.76 | 43.97 | 0.427 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 |
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 |
| 10 Thu Oct 2024 | 44.73 | 44.92 | 44.92 | 42.36 | 0.208 times |
| 30 Mon Sep 2024 | 44.96 | 45.25 | 47.42 | 41.44 | 0.615 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 |
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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Merchants Bancorp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 44.08 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 negative.
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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Merchants Bancorp stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Merchants Bancorp in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 44.08 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.