(MBWM) Mercantile Bank complete technical analysis [charts+indicators] | Buy/Sell Mercantile Bank | (MBWM) share price targets
Complete technical analysis of Mercantile Bank (MBWM) by charts plus indicators, forecast predictions and share price targets for Mercantile Bank (MBWM)
Mercantile Bank trades in USA in Finance sector.
Showing technical analysis as on 2024-04-04 View latest technical analysis
10 day averaged volume of Mercantile Bank is 66540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 37.03 | 37.25 | 37.58 | 36.80 | 1.277 times |
| 03 Wed Apr 2024 | 36.83 | 36.70 | 37.21 | 36.60 | 0.971 times |
| 02 Tue Apr 2024 | 36.84 | 36.92 | 37.16 | 36.50 | 1.375 times |
| 01 Mon Apr 2024 | 37.46 | 38.51 | 38.51 | 37.13 | 1.008 times |
| 28 Thu Mar 2024 | 38.49 | 38.01 | 38.54 | 37.80 | 1.655 times |
| 27 Wed Mar 2024 | 38.04 | 36.84 | 38.04 | 36.80 | 0.933 times |
| 26 Tue Mar 2024 | 36.87 | 37.12 | 37.12 | 36.56 | 1.013 times |
| 25 Mon Mar 2024 | 36.87 | 37.02 | 37.57 | 36.65 | 0.497 times |
| 22 Fri Mar 2024 | 36.89 | 37.59 | 37.59 | 36.82 | 0.625 times |
| 21 Thu Mar 2024 | 37.43 | 37.33 | 37.77 | 37.06 | 0.9 times |
My analysis of stock is bullish for shortterm, and stock might move up till 37.6 or till 38.6. Use a stoploss of 36.8 and if this stock hits its stoploss, then it can fall down till 35.99
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 34.25 |
| Downside Target | 35.87 |
| Upside Target | 37.37 |
| Upside Target | 38.51 |
| Upside Target | 38.54 |
| Upside Target | 39.70 |
| Upside Target | 40.59 |
| Upside Target | 41.93 |
| Upside Target | 42.82 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 36.18 |
| Downside Intraday Target | 35.34 |
| Upside Intraday Target | 38.19 |
| Upside Intraday Target | 39.36 |
| Upside Intraday Target | 37.35 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 37.03 | 38.51 | 38.51 | 36.50 | 1.13 times |
| 28 Thu Mar 2024 | 38.49 | 37.02 | 38.54 | 36.56 | 0.947 times |
| 22 Fri Mar 2024 | 36.89 | 35.72 | 37.77 | 35.15 | 0.602 times |
| 15 Fri Mar 2024 | 35.72 | 37.30 | 37.37 | 35.14 | 0.758 times |
| 08 Fri Mar 2024 | 37.23 | 38.31 | 39.70 | 35.87 | 2.658 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 Mercantile Bank (MBWM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 37.03 | 38.51 | 38.51 | 36.50 | 0.178 times |
| 28 Thu Mar 2024 | 38.49 | 36.61 | 39.70 | 35.14 | 1.226 times |
| 29 Thu Feb 2024 | 36.84 | 40.33 | 40.59 | 36.10 | 0.804 times |
| 31 Wed Jan 2024 | 40.09 | 40.09 | 42.82 | 34.25 | 1.484 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 Mercantile Bank (MBWM)
Price action analysis of Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) based on a short to mid 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term but the buy signal is initial and weak.
Mercantile Bank 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. Bears are getting stronger in this stock.
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 Mercantile Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 Mercantile Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.36 and Mercantile Bank (MBWM) 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 Mercantile Bank (MBWM) stock. Volume based technical analysis of Mercantile Bank (MBWM) stock is negative.
Mercantile Bank 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank ( (MBWM) ) based on a short to mid 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 Mercantile Bank ( (MBWM) ) 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 Mercantile Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank in short term but the buy signal is initial and weak.
Mercantile Bank 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. Bears are getting stronger in this stock.
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 Mercantile Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 Mercantile Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.36 and Mercantile Bank (MBWM) 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 Mercantile Bank (MBWM) stock. Volume based technical analysis of Mercantile Bank (MBWM) stock is negative.
Mercantile Bank 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.