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(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.

Showing technical analysis as on 2025-03-18 View latest technical analysis

10 day averaged volume of Mercantile Bank is 60358

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	44.48	43.70	44.88	43.40	1.089 times
17 Mon Mar 2025	44.58	44.62	45.04	44.34	0.802 times
14 Fri Mar 2025	44.71	44.22	45.25	43.78	0.646 times
13 Thu Mar 2025	43.67	44.45	44.97	43.67	0.577 times
12 Wed Mar 2025	44.17	44.11	44.65	43.75	1.059 times
11 Tue Mar 2025	43.77	43.05	44.28	42.85	1.292 times
10 Mon Mar 2025	43.82	44.90	45.35	43.82	0.964 times
07 Fri Mar 2025	45.57	45.47	45.86	44.77	0.835 times
06 Thu Mar 2025	45.75	45.61	46.34	44.34	1.269 times
05 Wed Mar 2025	46.31	46.60	46.99	45.59	1.163 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.5, but if it comes above 44.5, then a intra day buy could be more profitable.
If you take a sell trade below 44.5, then use 44.5 as stoploss and 42.5 as target. However if you take a buy trade in stock , then use 44.5 as stoploss and 46.2 as target.

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	40.57
Downside Target	42.40
Upside Target	46.70
Upside Target	48.50
Upside Target	48.66
Upside Target	49.93
Upside Target	50.79
Upside Target	51.32
Upside Target	51.89
Upside Target	52.98

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	43.57
Downside Intraday Target	42.67
Upside Intraday Target	45.21
Upside Intraday Target	45.95
Downside Intraday Target	44.31

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	44.48	44.62	45.04	43.40	0.417 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
28 Fri Feb 2025	48.21	47.96	48.50	46.70	1.056 times
21 Fri Feb 2025	47.65	48.62	49.93	47.34	0.575 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mercantile Bank (MBWM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	44.48	48.13	48.66	42.85	0.579 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
31 Tue Dec 2024	44.49	50.51	51.32	44.06	0.906 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mercantile Bank ( (MBWM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 positive zone. This is a BUY zone

Stock of Mercantile Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.74 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.