Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 69680

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	40.01	41.97	41.97	40.01	1.104 times
02 Wed Apr 2025	43.80	42.83	43.90	42.80	0.598 times
01 Tue Apr 2025	43.48	43.07	43.77	42.67	0.652 times
31 Mon Mar 2025	43.44	43.32	44.12	42.03	0.666 times
28 Fri Mar 2025	44.03	45.37	45.68	43.71	0.796 times
24 Mon Mar 2025	45.37	44.95	45.40	44.71	0.807 times
21 Fri Mar 2025	44.25	44.09	44.57	43.59	2.569 times
20 Thu Mar 2025	44.54	44.56	45.38	44.36	0.947 times
19 Wed Mar 2025	45.07	44.48	46.43	44.39	1.327 times
18 Tue Mar 2025	44.48	43.70	44.88	43.40	0.943 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 41.4, for a target of 43 or 44.36

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	40.01
Upside Target	42.03
Upside Target	45.35
Upside Target	45.37
Upside Target	45.68
Upside Target	46.43
Upside Target	48.66
Upside Target	50.79
Upside Target	51.32
Upside Target	51.89

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	38.64
Downside Intraday Target	37.27
Upside Intraday Target	42.75
Upside Intraday Target	45.49
Upside Intraday Target	41.38

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	40.01	43.32	44.12	40.01	1.884 times
28 Fri Mar 2025	44.03	44.95	45.68	43.71	0.247 times
21 Fri Mar 2025	44.25	44.62	46.43	43.40	1.649 times
14 Fri Mar 2025	44.71	44.90	45.35	42.85	0.716 times
07 Fri Mar 2025	45.57	48.13	48.66	44.34	1.294 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mercantile Bank (MBWM)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	40.01	43.07	43.90	40.01	0.13 times
31 Mon Mar 2025	43.44	48.13	48.66	42.03	0.951 times
28 Fri Feb 2025	48.21	47.18	51.89	45.37	0.851 times
31 Fri Jan 2025	48.81	44.97	50.79	40.57	1.316 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mercantile Bank ( (MBWM) ) based on a short to mid 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.

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 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 getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 43.9 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.