(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 2024-09-05 View latest technical analysis
10 day averaged volume of Mercantile Bank is 61003
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 44.21 | 44.75 | 44.76 | 43.72 | 0.739 times |
| 04 Wed Sep 2024 | 44.37 | 45.69 | 45.76 | 44.27 | 0.894 times |
| 03 Tue Sep 2024 | 45.69 | 45.64 | 46.48 | 45.25 | 1.4 times |
| 30 Fri Aug 2024 | 45.98 | 46.00 | 46.11 | 45.30 | 0.708 times |
| 30 Fri Aug 2024 | 45.98 | 46.00 | 46.11 | 45.30 | 0.708 times |
| 29 Thu Aug 2024 | 45.58 | 46.44 | 46.44 | 45.00 | 0.841 times |
| 28 Wed Aug 2024 | 45.84 | 45.27 | 46.22 | 44.98 | 1.951 times |
| 27 Tue Aug 2024 | 45.39 | 45.16 | 45.55 | 44.65 | 0.729 times |
| 26 Mon Aug 2024 | 45.47 | 46.87 | 46.87 | 45.29 | 1.007 times |
| 23 Fri Aug 2024 | 46.28 | 43.66 | 46.42 | 43.64 | 1.11 times |
My analysis of stock is bullish for shortterm, and stock might move up till 45.6 or till 47.5. Use a stoploss of 44.05 and if this stock hits its stoploss, then it can fall down till 42.46
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 35.61 |
| Downside Target | 38.02 |
| Downside Target | 40.37 |
| Downside Target | 42.38 |
| Downside Target | 43.72 |
| Upside Target | 46.11 |
| Upside Target | 46.42 |
| Upside Target | 46.48 |
| Upside Target | 46.87 |
| Upside Target | 48.36 |
| Upside Target | 51.21 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 43.13 |
| Downside Intraday Target | 42.04 |
| Upside Intraday Target | 45.89 |
| Upside Intraday Target | 47.56 |
| Upside Intraday Target | 44.8 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 44.21 | 45.64 | 46.48 | 43.72 | 4.282 times |
| 30 Fri Aug 2024 | 45.98 | 46.00 | 46.11 | 45.30 | 0.135 times |
| 30 Fri Aug 2024 | 45.98 | 46.87 | 46.87 | 44.65 | 1.34 times |
| 23 Fri Aug 2024 | 46.28 | 43.67 | 46.42 | 42.38 | 0.771 times |
| 16 Fri Aug 2024 | 43.28 | 41.85 | 44.08 | 41.03 | 1.242 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantile Bank (MBWM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 44.21 | 45.64 | 46.48 | 43.72 | 0.141 times |
| 30 Fri Aug 2024 | 45.98 | 48.25 | 48.36 | 40.37 | 0.767 times |
| 31 Wed Jul 2024 | 48.36 | 40.49 | 51.21 | 38.02 | 1.139 times |
| 28 Fri Jun 2024 | 40.57 | 39.19 | 41.11 | 35.61 | 1.407 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantile Bank ( (MBWM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercantile Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile Bank in short term but the sell 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 coming down
CCI has generated a SELL signal for Mercantile Bank 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 45.55 and Mercantile Bank (MBWM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantile Bank ( (MBWM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercantile Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile Bank in short term but the sell 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 coming down
CCI has generated a SELL signal for Mercantile Bank 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 45.55 and Mercantile Bank (MBWM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.