(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 2024-10-14 View latest technical analysis
10 day averaged volume of Mercantile Bank is 50170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 43.40 | 43.95 | 44.16 | 43.32 | 1.094 times |
| 11 Fri Oct 2024 | 43.91 | 41.91 | 43.98 | 41.91 | 1.445 times |
| 10 Thu Oct 2024 | 41.69 | 41.76 | 41.87 | 41.30 | 1.098 times |
| 09 Wed Oct 2024 | 42.12 | 41.37 | 42.40 | 41.37 | 0.965 times |
| 08 Tue Oct 2024 | 41.54 | 41.97 | 42.43 | 41.51 | 0.913 times |
| 07 Mon Oct 2024 | 41.73 | 41.60 | 41.96 | 41.08 | 0.829 times |
| 04 Fri Oct 2024 | 41.78 | 41.42 | 42.11 | 41.35 | 0.678 times |
| 03 Thu Oct 2024 | 41.28 | 40.99 | 41.48 | 40.85 | 0.656 times |
| 02 Wed Oct 2024 | 41.26 | 41.54 | 42.35 | 41.06 | 0.783 times |
| 01 Tue Oct 2024 | 41.87 | 43.46 | 43.46 | 41.70 | 1.423 times |
My analysis of stock is bullish for shortterm, and stock might move up till 44.4 or till 46.1. Use a stoploss of 43.01 and if this stock hits its stoploss, then it can fall down till 41.59
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 35.61 |
| Downside Target | 38.02 |
| Downside Target | 40.37 |
| Downside Target | 43.32 |
| Upside Target | 43.98 |
| Upside Target | 44.16 |
| Upside Target | 44.72 |
| Upside Target | 47.48 |
| Upside Target | 48.36 |
| Upside Target | 51.21 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 43.09 |
| Downside Intraday Target | 42.79 |
| Upside Intraday Target | 43.93 |
| Upside Intraday Target | 44.47 |
| Upside Intraday Target | 43.63 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 43.40 | 43.95 | 44.16 | 43.32 | 0.208 times |
| 11 Fri Oct 2024 | 43.91 | 41.60 | 43.98 | 41.08 | 1.105 times |
| 04 Fri Oct 2024 | 41.78 | 42.55 | 43.97 | 40.85 | 0.756 times |
| 27 Fri Sep 2024 | 42.56 | 44.09 | 44.72 | 42.06 | 0.607 times |
| 20 Fri Sep 2024 | 44.00 | 44.38 | 47.48 | 43.87 | 2.278 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 |
| 14 Mon Oct 2024 | 43.40 | 43.46 | 44.16 | 40.85 | 0.366 times |
| 30 Mon Sep 2024 | 43.72 | 45.64 | 47.48 | 41.34 | 1.03 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 |
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 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 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 Mercantile Bank ( (MBWM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank 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.
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. Bulls 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 buy signal for Mercantile Bank in short term and BUY 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 42.21 and Mercantile Bank (MBWM) 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 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 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 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 Mercantile Bank ( (MBWM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile Bank ( (MBWM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Mercantile Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile Bank 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.
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. Bulls 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 buy signal for Mercantile Bank in short term and BUY 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 42.21 and Mercantile Bank (MBWM) 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 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.