(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 2024-11-05 View latest technical analysis
10 day averaged volume of Merchants Bancorp is 218430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 37.01 | 36.35 | 37.24 | 36.15 | 0.828 times |
| 04 Mon Nov 2024 | 36.35 | 36.13 | 36.79 | 35.90 | 0.769 times |
| 01 Fri Nov 2024 | 36.32 | 37.31 | 37.63 | 36.18 | 0.939 times |
| 31 Thu Oct 2024 | 36.94 | 36.20 | 37.53 | 35.56 | 0.968 times |
| 30 Wed Oct 2024 | 35.96 | 36.00 | 37.76 | 35.90 | 1.005 times |
| 29 Tue Oct 2024 | 36.03 | 41.18 | 41.77 | 36.00 | 3.101 times |
| 28 Mon Oct 2024 | 43.89 | 43.50 | 44.19 | 43.39 | 0.576 times |
| 25 Fri Oct 2024 | 42.96 | 44.60 | 44.79 | 42.91 | 0.568 times |
| 24 Thu Oct 2024 | 44.26 | 44.99 | 44.99 | 43.48 | 0.613 times |
| 23 Wed Oct 2024 | 44.70 | 43.84 | 44.70 | 43.63 | 0.711 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.3, but if it comes above 38.3, then a intra day buy could be more profitable.
If you take a sell trade below 38.3, then use 38.3 as stoploss and 33.8 as target. However if you take a buy trade in stock , then use 38.3 as stoploss and 42.07 as target.
Share price targets for Merchants Bancorp (MBIN)
| Target Type | Value |
| Downside Target | 35.56 |
| Upside Target | 37.24 |
| Upside Target | 39.98 |
| Upside Target | 41.44 |
| Upside Target | 42.91 |
| Upside Target | 45.52 |
| Upside Target | 46.17 |
| Upside Target | 46.78 |
| 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 | 36.19 |
| Downside Intraday Target | 35.38 |
| Upside Intraday Target | 37.53 |
| Upside Intraday Target | 38.06 |
| Downside Intraday Target | 36.72 |
Weekly technical analysis of Merchants Bancorp (MBIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 37.01 | 36.13 | 37.24 | 35.90 | 0.242 times |
| 01 Fri Nov 2024 | 36.32 | 43.50 | 44.19 | 35.56 | 1.989 times |
| 25 Fri Oct 2024 | 42.96 | 44.92 | 45.52 | 42.91 | 0.617 times |
| 18 Fri Oct 2024 | 44.92 | 44.97 | 46.78 | 43.14 | 2.45 times |
| 11 Fri Oct 2024 | 44.87 | 44.13 | 46.17 | 43.51 | 1.456 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 |
| 05 Tue Nov 2024 | 37.01 | 37.31 | 37.63 | 35.90 | 0.143 times |
| 31 Thu Oct 2024 | 36.94 | 44.92 | 46.78 | 35.56 | 1.344 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 |
Scroll below to view daily charts
Price has moved up 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Merchants Bancorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Merchants Bancorp in short term and the sell signal is strong.
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 below 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 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 38.19 and Merchants Bancorp (MBIN) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Merchants Bancorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Merchants Bancorp in short term and the sell signal is strong.
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 below 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 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 38.19 and Merchants Bancorp (MBIN) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.