(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 2025-02-10 View latest technical analysis
10 day averaged volume of Mercantile Bank is 70240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Feb 2025 | 49.70 | 49.60 | 50.15 | 49.10 | 0.789 times |
| 07 Fri Feb 2025 | 49.68 | 50.00 | 50.06 | 48.70 | 0.934 times |
| 06 Thu Feb 2025 | 50.34 | 49.72 | 50.37 | 49.32 | 0.71 times |
| 05 Wed Feb 2025 | 49.30 | 48.92 | 49.71 | 48.20 | 0.863 times |
| 04 Tue Feb 2025 | 48.67 | 47.51 | 48.88 | 47.50 | 0.544 times |
| 03 Mon Feb 2025 | 47.75 | 47.18 | 48.63 | 45.37 | 0.783 times |
| 31 Fri Jan 2025 | 48.81 | 49.35 | 50.20 | 48.28 | 1.315 times |
| 30 Thu Jan 2025 | 48.75 | 49.34 | 49.74 | 48.23 | 1.009 times |
| 29 Wed Jan 2025 | 48.62 | 48.59 | 50.00 | 47.97 | 1.091 times |
| 28 Tue Jan 2025 | 48.73 | 49.92 | 50.07 | 48.39 | 1.135 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.9 as stoploss in an intra day sell trade for a target of 47.65. However, stock will show a bullish move above 49.9.
Share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Target | 40.57 |
| Downside Target | 42.40 |
| Downside Target | 43.83 |
| Downside Target | 46.74 |
| Downside Target | 47.97 |
| Downside Target | 49.10 |
| Upside Target | 50.15 |
| Upside Target | 50.37 |
| Upside Target | 50.79 |
| Upside Target | 51.32 |
| Upside Target | 52.98 |
Intraday share price targets for Mercantile Bank (MBWM)
| Target Type | Value |
| Downside Intraday Target | 49.15 |
| Downside Intraday Target | 48.6 |
| Upside Intraday Target | 50.2 |
| Upside Intraday Target | 50.7 |
| Downside Intraday Target | 49.65 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Feb 2025 | 49.70 | 49.60 | 50.15 | 49.10 | 0.206 times |
| 07 Fri Feb 2025 | 49.68 | 47.18 | 50.37 | 45.37 | 0.622 times |
| 31 Fri Jan 2025 | 48.81 | 49.27 | 50.79 | 47.97 | 1.137 times |
| 24 Fri Jan 2025 | 49.20 | 45.06 | 49.71 | 44.98 | 7.515 times |
| 17 Fri Jan 2025 | 44.21 | 44.76 | 44.76 | 43.83 | 0.189 times |
Price has moved up 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 |
| 10 Mon Feb 2025 | 49.70 | 47.18 | 50.37 | 45.37 | 0.207 times |
| 31 Fri Jan 2025 | 48.81 | 44.97 | 50.79 | 40.57 | 1.316 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 |
Scroll below to view daily charts
Price has moved up 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 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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 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 49 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 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 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 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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 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 49 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.