(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.
10 day averaged volume of Mercantile Bank is 86910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Feb 2025 | 48.67 | 47.51 | 48.88 | 47.50 | 0.44 times |
| 03 Mon Feb 2025 | 47.75 | 47.18 | 48.63 | 45.37 | 0.633 times |
| 31 Fri Jan 2025 | 48.81 | 49.35 | 50.20 | 48.28 | 1.063 times |
| 30 Thu Jan 2025 | 48.75 | 49.34 | 49.74 | 48.23 | 0.816 times |
| 29 Wed Jan 2025 | 48.62 | 48.59 | 50.00 | 47.97 | 0.881 times |
| 28 Tue Jan 2025 | 48.73 | 49.92 | 50.07 | 48.39 | 0.917 times |
| 27 Mon Jan 2025 | 50.09 | 49.27 | 50.79 | 48.35 | 1.306 times |
| 24 Fri Jan 2025 | 49.20 | 48.26 | 49.71 | 46.81 | 1.221 times |
| 23 Thu Jan 2025 | 47.99 | 48.26 | 48.88 | 47.47 | 0.744 times |
| 22 Wed Jan 2025 | 48.52 | 47.24 | 49.18 | 47.00 | 1.467 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 48.9 as stoploss in an intra day sell trade for a target of 46.18. However, stock will show a bullish move above 48.9.
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 |
| Upside Target | 48.88 |
| Upside Target | 49.71 |
| 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 | 46.4 |
| Downside Intraday Target | 44.13 |
| Upside Intraday Target | 49.91 |
| Upside Intraday Target | 51.15 |
| Downside Intraday Target | 47.64 |
Weekly technical analysis of Mercantile Bank (MBWM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Feb 2025 | 48.67 | 47.18 | 48.88 | 45.37 | 0.215 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 |
| 17 Fri Jan 2025 | 44.21 | 41.08 | 47.59 | 41.06 | 2.165 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 |
| 04 Tue Feb 2025 | 48.67 | 47.18 | 48.88 | 45.37 | 0.06 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 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 neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile Bank in short term but BUY signal is weak.
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 48.82 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 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 neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile Bank in short term but BUY signal is weak.
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 48.82 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.