(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 2024-12-13 View latest technical analysis
10 day averaged volume of Mercantile Bank is 71915
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 49.15 | 49.60 | 49.60 | 48.64 | 0.847 times |
| 12 Thu Dec 2024 | 49.60 | 50.57 | 51.22 | 49.45 | 0.945 times |
| 11 Wed Dec 2024 | 50.73 | 50.77 | 51.32 | 50.44 | 1.315 times |
| 10 Tue Dec 2024 | 50.23 | 50.11 | 51.18 | 49.57 | 0.671 times |
| 09 Mon Dec 2024 | 49.86 | 50.51 | 50.68 | 49.83 | 0.729 times |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 1.523 times |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 1.523 times |
| 25 Mon Nov 2024 | 51.14 | 51.14 | 52.98 | 51.06 | 1.397 times |
| 22 Fri Nov 2024 | 50.39 | 49.35 | 50.58 | 48.82 | 0.887 times |
| 21 Thu Nov 2024 | 49.04 | 48.56 | 49.67 | 48.56 | 0.577 times |
My analysis of stock is bearish for shortterm, and stock might move down till 48.7 or till 47.7. Use a stoploss of 49.54 and if the stock hits stoploss, then it can shoot up till 50.4
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 40.37 |
| Downside Target | 42.40 |
| Downside Target | 46.74 |
| Upside Target | 49.60 |
| Upside Target | 50.58 |
| Upside Target | 50.78 |
| Upside Target | 51.06 |
| Upside Target | 51.32 |
| Upside Target | 52.98 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 48.09 |
| Downside Intraday Target | 47.02 |
| Upside Intraday Target | 50.77 |
| Upside Intraday Target | 52.38 |
| Upside Intraday Target | 49.7 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 49.15 | 50.51 | 51.32 | 48.64 | 2.961 times |
| 26 Tue Nov 2024 | 50.10 | 50.67 | 50.78 | 49.60 | 0.521 times |
| 26 Tue Nov 2024 | 50.10 | 51.14 | 52.98 | 49.60 | 1.001 times |
| 22 Fri Nov 2024 | 50.39 | 49.03 | 50.58 | 47.70 | 0.754 times |
| 15 Fri Nov 2024 | 49.10 | 49.34 | 51.06 | 48.60 | 0.62 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 |
| 13 Fri Dec 2024 | 49.15 | 50.51 | 51.32 | 48.64 | 0.247 times |
| 26 Tue Nov 2024 | 50.10 | 43.33 | 52.98 | 42.40 | 1.14 times |
| 31 Thu Oct 2024 | 42.86 | 43.46 | 46.74 | 40.85 | 0.85 times |
| 30 Mon Sep 2024 | 43.72 | 45.64 | 47.48 | 41.34 | 1.03 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 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 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 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 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 BUY. 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 green color and prices are in or below the green 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 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 50.15 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 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 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 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 BUY. 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 green color and prices are in or below the green 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 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 50.15 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.