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(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 2025-01-17 View latest technical analysis

10 day averaged volume of Mercantile Bank is 56090

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	44.21	44.76	44.76	43.83	0.904 times
17 Fri Jan 2025	44.21	44.76	44.76	43.83	0.904 times
16 Thu Jan 2025	43.76	44.31	45.02	43.44	0.874 times
15 Wed Jan 2025	44.38	46.80	47.59	43.66	0.916 times
14 Tue Jan 2025	43.46	42.69	43.47	42.46	0.861 times
13 Mon Jan 2025	42.21	41.08	42.21	41.06	1.216 times
10 Fri Jan 2025	41.69	42.12	42.87	40.57	1.334 times
08 Wed Jan 2025	42.87	42.49	43.30	42.27	0.87 times
08 Wed Jan 2025	42.87	42.49	43.30	42.27	0.87 times
07 Tue Jan 2025	42.93	43.77	43.77	42.53	1.111 times

My analysis of stock is bullish for shortterm, and stock might move up till 45 or till 46.3. Use a stoploss of 43.98 and if this stock hits its stoploss, then it can fall down till 42.93

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	40.57
Downside Target	42.27
Upside Target	44.70
Upside Target	44.76
Upside Target	45.20
Upside Target	46.74
Upside Target	47.48
Upside Target	47.59
Upside Target	51.32
Upside Target	52.98

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	43.77
Downside Intraday Target	43.34
Upside Intraday Target	44.7
Upside Intraday Target	45.2
Upside Intraday Target	44.27

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	44.21	44.76	44.76	43.83	0.189 times
17 Fri Jan 2025	44.21	41.08	47.59	41.06	2.165 times
10 Fri Jan 2025	41.69	42.49	43.30	40.57	0.728 times
08 Wed Jan 2025	42.87	44.14	44.70	42.27	0.69 times
03 Fri Jan 2025	44.16	44.56	45.20	43.21	1.404 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
17 Fri Jan 2025	44.21	44.97	47.59	40.57	0.631 times
31 Tue Dec 2024	44.49	50.51	51.32	44.06	0.906 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

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 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 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 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 Strong and stock is losing 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. 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

RSI is generating a BUY signal in short term but buying is losing 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 43.15 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 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.