MBWM NEWS why is Mercantile Bank Corporation price falling or rising

MBWM NEWS reasons for why stock price of Mercantile Bank Corporation is falling or rising

MBWM Mercantile Bank is falling or rising technical reasons

Technical analysis forecast of Mercantile Bank Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mercantile Bank MBWM at this time. Stock is rising and might rise more.

It appears as if Mercantile Bank MBWM gave a large move recently.

Stock of Mercantile Bank (MBWM) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Mercantile Bank is bullish for shortterm, and stock might move up till 45.3 or till 46.7. Use a stoploss of 44.2 and if this stock hits its stoploss, then it can fall down till 43.09

MBWM Mercantile Bank is falling or rising NEWS fundamental reasons

More announcements and NEWS

MBWM Mercantile Bank Corporation current price & indicator signals

Moving Averages for Mercantile Bank Corporation

  • 5Day Average: 43.6
  • 12Day Average: 43.2
  • 20Day Average: 43.88
  • 50Day Average: 46.47
  • 100Day Average: 45.16
  • 150Day Average: 44.27
  • 200Day Average: 42.55

MBWM Indicators & signals

Indicator MACD (12,26,9)

43.67, 44.55, -1.09
Indicator MACD is in negative zone

Indicator ADX (14)

14.67, 27.92, 20.78
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MBWM Mercantile Bank Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri Jan 2025 44.21 43.83 to 44.76 1.03% 0.88 times
16 Thu Jan 2025 43.76 43.44 to 45.02 -1.4% 0.85 times
15 Wed Jan 2025 44.38 43.66 to 47.59 2.12% 0.89 times
14 Tue Jan 2025 43.46 42.46 to 43.47 2.96% 0.84 times
13 Mon Jan 2025 42.21 41.06 to 42.21 0% 1.18 times
13 Mon Jan 2025 42.21 41.06 to 42.21 1.25% 1.18 times
10 Fri Jan 2025 41.69 40.57 to 42.87 -2.75% 1.29 times
08 Wed Jan 2025 42.87 42.27 to 43.30 0% 0.84 times
08 Wed Jan 2025 42.87 42.27 to 43.30 -0.14% 0.84 times
07 Tue Jan 2025 42.93 42.53 to 43.77 -1.51% 1.08 times
06 Mon Jan 2025 43.59 43.46 to 44.70 -1.29% 1.01 times
03 Fri Jan 2025 44.16 43.21 to 44.54 0.89% 0.77 times

Videos related to: MBWM NEWS why is Mercantile Bank Corporation price falling or rising

Videos related to: MBWM NEWS why is Mercantile Bank Corporation price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

MBWM NEWS why is Mercantile Bank Corporation price falling or rising

 

Back to top