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Mercantile Bank (MBWM) Technical (Analysis) Reports Mercantile Bank ["Technical Analysis"] Reports -NASDAQ Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Mercantile Bank (MBWM)

Technical Analysis Report for NASDAQ stock MBWM Mercantile Bank. Dated: 07 Jan 2025 Updated Daily. Stock trades under Finance Deals in Major Banks in NASDAQ stock exchange

If you are looking for Tomorrow's Movement Predictions for NASDAQ stock MBWM Mercantile Bank then click here. or read Experts views on Mercantile Bank or Forecast & share price targets of Mercantile Bank

Mercantile Bank Opened at 43.77 and Closed at: 42.93, which is -1.54% of previous session's close. It moved within a range of 42.53 and 43.77
The session was a Bearish session with an average volume of 62300, which is 5.94% of previous session's volumes.

• The stock has fallen, and its short term trend is also negative and in a downtrend.
• Even though the stock has fallen, but its long term trend is positive and in an uptrend.

A Dead cross was found 7 days back on mid term averages

Support for tomorrow is 42.11 and resistance for tomorrow is 43.35
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 42.38, 41.84 resistance for tomorrow's hourly charts is 43.62, 44.32

10 Day SMA for Mercantile Bank (MBWM) is 44.44 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Mercantile Bank (MBWM) is 46.33 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Mercantile Bank (MBWM) is 46.67 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 45.12 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Mercantile Bank is 42.3 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Mercantile Bank is at 46.33 and 200 DMA is at 42.3, while 50 DMA and 100 DMA are at 46.67 and 45.12 respectively

Mercantile Bank (MBWM) moving average of 20 SMA is at 46.33 and 20 EMA is at 45.6

Mercantile Bank (MBWM) moving average of 50 SMA is at 46.67 and 50 EMA is at 46.06

Mercantile Bank (MBWM) moving average of 100 SMA is at 45.12 and 100 EMA is at 45.11

Mercantile Bank (MBWM) moving average of 200 SMA is at 42.3 and 200 EMA is at 42.85

T Rowe has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in T Rowe, about 5.43% more returns!

Lendingtree Inc has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Lendingtree Inc, about 15.37% more returns!

Sterling Bancorp has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Sterling Bancorp, about 9.97% more returns!

Oxbridge Re has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Oxbridge Re, about 21.49% more returns!

Lexinfintech Holdings has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Lexinfintech Holdings, about 11.87% more returns!

Mercantile Bank has performed better than Investar Holding in short term. Holding Mercantile Bank could be a better choice for now!

Home Bancorp has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Home Bancorp, about 3.64% more returns!

U S has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in U S, about 14.31% more returns!

Glen Burnie has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Glen Burnie, about 11.73% more returns!

Financial Institutions has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Financial Institutions, about 12.89% more returns!

First Bancorp has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in First Bancorp, about 2.11% more returns!

Brookline Bancorp has performed better than Mercantile Bank in short term. You could have earned much better returns by investing in Brookline Bancorp, about 5.71% more returns!

Mercantile Bank Technical analysis of indicators

Price action analysis of Mercantile Bank (MBWM) based on a short 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mercantile Bank in short term and the sell signal is strong.

Mercantile Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and SELL signal is strong!

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 44.3 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 has given negative 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.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for NASDAQ stock MBWM Mercantile Bank These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And MBWM Experts View which covers a lot of information including buying and selling signals

MBWM future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Mercantile Bank or View Candle Stick Charts here