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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 2024-11-20 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 188750

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	38.19	38.75	39.08	38.01	1.372 times
19 Tue Nov 2024	39.00	38.91	40.24	38.91	1.233 times
18 Mon Nov 2024	39.51	40.09	40.55	39.40	1.531 times
15 Fri Nov 2024	40.19	40.59	41.34	39.83	0.511 times
14 Thu Nov 2024	40.37	40.71	41.00	39.68	1.104 times
13 Wed Nov 2024	40.75	40.96	41.26	40.58	0.797 times
12 Tue Nov 2024	40.81	40.95	41.34	39.92	0.607 times
11 Mon Nov 2024	41.00	39.83	41.06	39.83	0.598 times
08 Fri Nov 2024	39.36	40.75	40.82	39.32	0.863 times
07 Thu Nov 2024	40.69	41.76	42.17	40.45	1.178 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.1 as stoploss in an intra day buy trade for a target of 39.59. However, stock will show a bearish move below 37.1.

Share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Target	35.56
Downside Target	37.64
Upside Target	39.68
Upside Target	42.44
Upside Target	42.91
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	37.28
Downside Intraday Target	36.38
Upside Intraday Target	39.82
Upside Intraday Target	41.46
Upside Intraday Target	38.92

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	38.19	40.09	40.55	38.01	1.143 times
15 Fri Nov 2024	40.19	39.83	41.34	39.68	0.662 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

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
20 Wed Nov 2024	38.19	37.31	42.44	35.90	0.698 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 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 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 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 gaining momentum.

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

Merchants Bancorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 39.79 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.