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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 2024-11-11 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 247150

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	41.00	39.83	41.06	39.83	0.456 times
08 Fri Nov 2024	39.36	40.75	40.82	39.32	0.659 times
07 Thu Nov 2024	40.69	41.76	42.17	40.45	0.899 times
06 Wed Nov 2024	42.17	38.90	42.44	38.90	1.205 times
05 Tue Nov 2024	37.01	36.35	37.24	36.15	0.732 times
04 Mon Nov 2024	36.35	36.13	36.79	35.90	0.68 times
01 Fri Nov 2024	36.32	37.31	37.63	36.18	0.83 times
31 Thu Oct 2024	36.94	36.20	37.53	35.56	0.856 times
30 Wed Oct 2024	35.96	36.00	37.76	35.90	0.889 times
29 Tue Oct 2024	36.03	41.18	41.77	36.00	2.741 times

My analysis of stock is bearish for shortterm, and stock might move down till 37.7 or till 33.5. Use a stoploss of 41.27 and if the stock hits stoploss, then it can shoot up till 44.8

Share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Target	35.56
Downside Target	37.64
Downside Target	39.83
Upside Target	41.06
Upside Target	42.44
Upside Target	44.19
Upside Target	45.52
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	40.2
Downside Intraday Target	39.4
Upside Intraday Target	41.43
Upside Intraday Target	41.86
Downside Intraday Target	40.63

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	41.00	39.83	41.06	39.83	0.109 times
08 Fri Nov 2024	39.36	36.13	42.44	35.90	0.717 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

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
11 Mon Nov 2024	41.00	37.31	42.44	35.90	0.349 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Merchants Bancorp in short term but the buy 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Merchants Bancorp in short term and BUY signal is strong.

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 37.83 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 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.