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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 2025-05-23 View latest technical analysis

10 day averaged volume of Mercantile Bank is 45290

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri May 2025	43.69	43.26	44.08	42.55	0.804 times
22 Thu May 2025	44.30	44.19	44.87	44.11	0.892 times
21 Wed May 2025	44.51	45.43	45.86	44.39	0.89 times
20 Tue May 2025	45.98	45.77	46.29	45.34	0.888 times
19 Mon May 2025	45.90	45.39	46.47	44.58	0.874 times
16 Fri May 2025	45.81	46.27	46.27	45.68	0.899 times
15 Thu May 2025	46.32	45.68	46.57	45.46	1.228 times
14 Wed May 2025	45.72	45.83	46.09	45.42	0.857 times
13 Tue May 2025	45.94	45.95	46.56	45.43	0.932 times
12 Mon May 2025	45.50	45.48	46.97	45.48	1.618 times

My analysis of stock is bearish for shortterm, and stock might move down till 42.9 or till 41.3. Use a stoploss of 44.23 and if the stock hits stoploss, then it can shoot up till 45.57

Share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Target	37.76
Downside Target	39.23
Downside Target	40.57
Upside Target	43.90
Upside Target	45.37
Upside Target	45.42
Upside Target	46.47
Upside Target	46.97
Upside Target	48.66
Upside Target	50.79
Upside Target	51.89

Intraday share price targets for Mercantile Bank (MBWM)

Target Type	Value
Downside Intraday Target	42
Downside Intraday Target	40.32
Upside Intraday Target	45.92
Upside Intraday Target	48.16
Upside Intraday Target	44.24

Weekly technical analysis of Mercantile Bank (MBWM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri May 2025	43.69	45.39	46.47	42.55	0.786 times
16 Fri May 2025	45.81	45.48	46.97	45.42	1.192 times
09 Fri May 2025	43.76	43.82	44.45	42.24	0.948 times
02 Fri May 2025	43.63	42.09	44.00	41.35	0.936 times
25 Fri Apr 2025	41.84	40.32	42.68	39.23	4.521 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
23 Fri May 2025	43.69	42.31	46.97	41.35	0.617 times
30 Wed Apr 2025	42.31	43.07	43.90	37.76	0.948 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

Scroll below to view daily charts

Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 45.42 and Mercantile Bank (MBWM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.