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Mercantile Bank Corp. (MBWM)
NASDAQ:MBWM
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Mercantile Bank (MBWM) Technical Analysis

352 Followers

Technical Sentiment

Overall Consensus
Buy
11Bullish
6Neutral
5Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Mercantile Bank Corp.’s (MBWM) Moving Averages Convergence Divergence (MACD) indicator is 1.39, suggesting Mercantile Bank Corp. is a Sell.
Mercantile Bank Corp.’s (MBWM) 20-Day exponential moving average is 47.27, while Mercantile Bank Corp.’s (MBWM) share price is $49.04, making it a Buy.
Mercantile Bank Corp.’s (MBWM) 50-Day exponential moving average is 45.49, while Mercantile Bank Corp.’s (MBWM) share price is $49.04, making it a Buy.

Mercantile Bank (MBWM) Pivot Points

Nov 22, 2024, 12:25 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
46.98
47.34
47.95
48.31
48.92
49.28
49.89
Fibonacci
47.34
47.71
47.94
48.31
48.68
48.91
49.28
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Mercantile Bank (MBWM) Moving Averages

Nov 22, 2024, 12:25 AM
Period
Simple
Exponential
MA5
48.79Sell
48.67Sell
MA10
49.06Sell
48.37Sell
MA20
46.66Buy
47.27Buy
MA50
44.77Buy
45.49Buy
MA100
44.39Buy
43.91Buy
MA200
40.55Buy
41.26Buy
Mercantile Bank Corp.’s (MBWM) 10-Day exponential moving average is 48.37, while Mercantile Bank Corp.’s (MBWM) share price is $49.04, making it a Sell.
Mercantile Bank Corp.’s (MBWM) 100-Day exponential moving average is 43.91, while Mercantile Bank Corp.’s (MBWM) share price is $49.04, making it a Buy.
Mercantile Bank Corp.’s (MBWM) stock price is $49.04 and Mercantile Bank Corp.’s (MBWM) 50-day simple moving average is 44.77, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $49.04 and Mercantile Bank Corp.’s (MBWM) 100-day simple moving average is 44.39, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $49.04 and Mercantile Bank Corp.’s (MBWM) 200-day simple moving average is 40.55, creating a Buy signal.

Mercantile Bank (MBWM) Technical Indicators

Nov 22, 2024, 12:25 AM
Name
Value
Implied Action
RSI (14)
57.04
Neutral
STOCH (9,6)
21.10
Neutral
STOCHRSI (14)
68.13
Neutral
MACD (12,26)
1.39
Sell
ADX (14)
29.97
Neutral
Williams %R
-33.45
Buy
CCI (14)
38.25
Neutral
ATR (14)
1.54
-
Ultimate Oscillator
41.24
Neutral
ROC
12.76
Buy
Mercantile Bank Corp.’s (MBWM) Relative Strength Index (RSI) is 57.04, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Trend Strength Indicator (ADX) is 29.97, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Commodity Channel Index (CCI) is 38.25, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Price Rate of Change (ROC) is 12.76, creating a Buy signal.

FAQ

Is MBWM a Buy, Hold, or Sell?
Based on MBWM’s technical indicators, MBWM is a Buy.
    What is MBWM’s RSI (14)?
    MBWM’s RSI (14) is 57.04, which suggests MBWM is a Neutral.
      What is MBWM’s MACD?
      MBWM’s MACD is 1.39, which suggests MBWM is a Sell.
        What is MBWM’s 5-day moving average?
        MBWM’s 5-day moving average is 48.79, which suggests MBWM is a Sell.
          What is MBWM’s 20-day moving average?
          MBWM 20-day moving average is 46.66, which suggests MBWM is a Buy.
            What is MBWM’s 50-day moving average?
            MBWM’s 50-day moving average is 44.77, which suggests MBWM is a Buy.
              What is MBWM’s 200-day moving average?
              MBWM’s 200-day moving average is 40.55, which suggests MBWM is a Buy.
                What is MBWM’s Williams % R (14)?
                MBWM’s Williams % R (14) is -33.45, which suggests MBWM is a Buy.
                  What is MBWM’s CCI (14)?
                  MBWM’s CCI (14) is 38.25, which suggests MBWM is a Neutral.
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