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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 2024-12-17 View latest technical analysis

10 day averaged volume of Merchants Bancorp is 114609

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	37.35	37.52	37.90	37.14	1.491 times
16 Mon Dec 2024	37.75	38.23	38.28	37.57	1.221 times
13 Fri Dec 2024	38.48	38.39	38.61	38.00	0.749 times
12 Thu Dec 2024	38.35	38.96	38.96	38.20	0.572 times
11 Wed Dec 2024	38.98	38.95	39.48	38.68	1.192 times
10 Tue Dec 2024	38.77	38.64	39.46	38.14	0.791 times
09 Mon Dec 2024	38.45	39.00	39.49	38.45	0.926 times
26 Tue Nov 2024	41.68	41.41	41.77	41.11	1.064 times
26 Tue Nov 2024	41.68	41.41	41.77	41.11	1.064 times
25 Mon Nov 2024	41.42	41.41	42.38	41.09	1.107 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 36.7 as target. However if you take a buy trade in stock , then use 38.3 as stoploss and 39.66 as target.

Share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Target	35.56
Downside Target	37.14
Upside Target	39.49
Upside Target	41.09
Upside Target	41.12
Upside Target	41.44
Upside Target	41.77
Upside Target	42.38
Upside Target	42.44
Upside Target	46.78
Upside Target	47.42
Upside Target	47.94

Intraday share price targets for Merchants Bancorp (MBIN)

Target Type	Value
Downside Intraday Target	36.9
Downside Intraday Target	36.45
Upside Intraday Target	38.04
Upside Intraday Target	38.73
Upside Intraday Target	37.59

Weekly technical analysis of Merchants Bancorp (MBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	37.35	38.23	38.28	37.14	0.641 times
13 Fri Dec 2024	38.48	39.00	39.49	38.00	3.977 times
26 Tue Nov 2024	41.68	41.41	41.77	41.11	0.49 times
26 Tue Nov 2024	41.68	41.41	42.38	41.09	0.214 times
22 Fri Nov 2024	41.09	40.09	41.12	38.00	1.704 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
17 Tue Dec 2024	37.35	39.00	39.49	37.14	0.23 times
26 Tue Nov 2024	41.68	37.31	42.44	35.90	0.893 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

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 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 gaining 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 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 SELL signal in short term but selling is losing 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 39.29 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.