Free Point and Figure charts Merchants Bancshares, Inc. MBVT share NASDAQ Stock Exchange

Stock MBVT - Share Merchants Bancshares, Inc. trades in NASDAQ under Finance Deals in Major Banks

Daily Support: 49.53
Daily Resistance: 50.13
5 Day Moving Average is 50.29
20 Day Moving Average is 52.15

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 12 May 2017	0.3%	49.65	49.80	49.85	49.25	9.69 times
Thu 11 May 2017	-1.97%	50.65	49.65	50.65	49.55	3.01 times
Wed 10 May 2017	0.2%	50.25	50.65	50.65	50.25	0.79 times
Tue 09 May 2017	-0.49%	50.65	50.55	50.75	50.30	1.95 times
Mon 08 May 2017	0.2%	50.75	50.80	50.90	50.45	1.63 times
Fri 05 May 2017	-0.69%	50.85	50.70	50.95	50.20	2.82 times
Thu 04 May 2017	0.89%	50.90	51.05	51.40	50.45	4.51 times
Wed 03 May 2017	0.7%	50.10	50.60	51.85	50.10	9.38 times
Tue 02 May 2017	-0.4%	50.40	50.25	50.80	49.85	3.92 times
Mon 01 May 2017	1.31%	50.00	50.45	50.70	49.55	5.83 times

Point & Figure Charts for Merchants Bancshares, Inc. MBVT

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Merchants Bancshares, Inc. MBVT and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Merchants Bancshares, Inc. MBVT stock.