MercantileBank MBWM full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Mercantile Bank MBWM WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NASDAQ stock exchange

operates under Finance sector & deals in Major Banks

Daily price and charts and targets MercantileBank

Strong Daily Stock price targets for MercantileBank MBWM are 36.89 and 38.51

Daily Target 1	35.6
Daily Target 2	36.55
Daily Target 3	37.223333333333
Daily Target 4	38.17
Daily Target 5	38.84

Daily price and volume Mercantile Bank

Date	Closing	Open	Range	Volume
Wed 01 May 2024	37.49 (3.91%)	36.36	36.28 - 37.90	0.9092 times
Tue 30 April 2024	36.08 (-0.06%)	35.88	35.74 - 36.17	0.8154 times
Mon 29 April 2024	36.10 (-0.25%)	36.35	36.04 - 36.78	0.4976 times
Fri 26 April 2024	36.19 (-0.82%)	36.42	36.08 - 36.80	0.594 times
Thu 25 April 2024	36.49 (-1.08%)	36.48	36.05 - 36.69	0.8128 times
Wed 24 April 2024	36.89 (-0.16%)	36.61	36.29 - 36.96	0.6552 times
Tue 23 April 2024	36.95 (1.34%)	36.47	36.24 - 37.14	0.8102 times
Mon 22 April 2024	36.46 (1.08%)	36.38	36.03 - 36.86	1.0577 times
Fri 19 April 2024	36.07 (4.46%)	34.46	34.46 - 36.17	2.6273 times
Thu 18 April 2024	34.53 (2.71%)	33.64	33.64 - 34.76	1.2205 times
Wed 17 April 2024	33.62 (-1.52%)	34.14	33.46 - 34.25	1.3651 times

Daily chart MercantileBank

Weekly price and charts MercantileBank

Strong weekly Stock price targets for MercantileBank MBWM are 36.62 and 38.78

Weekly Target 1	34.88
Weekly Target 2	36.19
Weekly Target 3	37.043333333333
Weekly Target 4	38.35
Weekly Target 5	39.2

Weekly price and volumes for Mercantile Bank

Date	Closing	Open	Range	Volume
Wed 01 May 2024	37.49 (3.59%)	36.35	35.74 - 37.90	0.4986 times
Fri 26 April 2024	36.19 (0.33%)	36.38	36.03 - 37.14	0.8817 times
Fri 19 April 2024	36.07 (0.92%)	35.99	33.46 - 36.28	1.5223 times
Fri 12 April 2024	35.74 (-3.48%)	37.01	34.75 - 37.47	0.8396 times
Fri 05 April 2024	37.03 (-3.79%)	38.51	36.50 - 38.51	1.0486 times
Thu 28 March 2024	38.49 (4.34%)	37.02	36.56 - 38.54	0.797 times
Fri 22 March 2024	36.89 (3.28%)	35.72	35.15 - 37.77	0.842 times
Fri 15 March 2024	35.72 (-4.06%)	37.30	35.14 - 37.37	1.3978 times
Fri 08 March 2024	37.23 (2.34%)	38.31	35.87 - 39.70	1.8444 times
Fri 01 March 2024	36.38 (-1.25%)	36.92	35.89 - 37.34	0.3279 times
Thu 29 February 2024	36.84 (0%)	36.92	36.51 - 37.34	0.1362 times

weekly chart MercantileBank

Monthly price and charts MercantileBank

Strong monthly Stock price targets for MercantileBank MBWM are 36.89 and 38.51

Monthly Target 1	35.6
Monthly Target 2	36.55
Monthly Target 3	37.223333333333
Monthly Target 4	38.17
Monthly Target 5	38.84

Monthly price and volumes Mercantile Bank

Date	Closing	Open	Range	Volume
Wed 01 May 2024	37.49 (3.91%)	36.36	36.28 - 37.90	0.0646 times
Tue 30 April 2024	36.08 (-6.26%)	38.51	33.46 - 38.51	1.4522 times
Thu 28 March 2024	38.49 (4.48%)	36.61	35.14 - 39.70	1.6061 times
Thu 29 February 2024	36.84 (-8.11%)	40.33	36.10 - 40.59	1.3963 times
Wed 31 January 2024	40.09 (-0.72%)	40.09	34.25 - 42.82	1.6289 times
Fri 29 December 2023	40.38 (17.42%)	34.59	34.59 - 41.93	1.0974 times
Thu 30 November 2023	34.39 (4.4%)	32.99	31.54 - 37.07	0.6479 times
Tue 31 October 2023	32.94 (6.57%)	30.74	30.12 - 33.32	0.621 times
Fri 29 September 2023	30.91 (-7.4%)	33.58	30.64 - 34.37	0.7111 times
Thu 31 August 2023	33.38 (-4.95%)	34.82	32.51 - 36.73	0.7745 times
Mon 31 July 2023	35.12 (27.15%)	27.71	26.95 - 35.47	0.8882 times

monthly chart MercantileBank

Indicator Analysis of MercantileBank

Tomorrow's movement Prediction of Mercantile Bank MBWM appears to be in uptrend. And this trend seems to be continuing further.

Price is above an important level of 36.32 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Mercantile Bank MBWM made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days.

Tomorrow's movement Prediction of Mercantile Bank MBWM appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of Mercantile Bank MBWM is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 36.67

Munafa value: 100 as on Wed 01 May 2024

This Munafa value indicates that the stock is moving upwards and might continue to move up.

SMA20 is at 37 and price is deviating by 2 points

Upper Bollinger band is at 39 and lower is at 34, while middle bands are at 36 and 38

Price is rising

Price is above 20day SMA

Price is in upper range of bands

Price action analysis of MercantileBank (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.

ADX buy sell signal for MercantileBank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for MercantileBank 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.

MercantileBank 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for MercantileBank in short term and BUY 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 MercantileBank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.22 and MercantileBank 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 MercantileBank MBWM stock. Volume based technical analysis of MercantileBank MBWM stock is negative.

MercantileBank 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.

DMA SMA EMA moving averages of Mercantile Bank MBWM

DMA (daily moving average) of Mercantile Bank MBWM

DMA period	DMA value
5 day DMA	36.47
12 day DMA	35.92
20 day DMA	36.08
35 day DMA	36.36
50 day DMA	36.58
100 day DMA	37.97
150 day DMA	36.57
200 day DMA	35.78

EMA (exponential moving average) of Mercantile Bank MBWM

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	36.62	36.19	36.25
12 day EMA	36.32	36.11	36.12
20 day EMA	36.29	36.16	36.17
35 day EMA	36.41	36.35	36.37
50 day EMA	36.68	36.65	36.67

SMA (simple moving average) of Mercantile Bank MBWM

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	36.47	36.35	36.52
12 day SMA	35.92	35.75	35.72
20 day SMA	36.08	36.04	36.08
35 day SMA	36.36	36.33	36.35
50 day SMA	36.58	36.57	36.61
100 day SMA	37.97	37.97	37.98
150 day SMA	36.57	36.52	36.49
200 day SMA	35.78	35.76	35.75