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

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Technical Sentiment

Overall Consensus
Sell
8Bullish
2Neutral
12Bearish
Technical Analysis Consensus
Buy
5Bullish
2Neutral
3Bearish
Moving Average Consensus
Strong Sell
3Bullish
0Neutral
9Bearish
Mercantile Bank Corp.’s (MBWM) Moving Averages Convergence Divergence (MACD) indicator is -0.36, suggesting Mercantile Bank Corp. is a Buy.
Mercantile Bank Corp.’s (MBWM) 20-Day exponential moving average is 48.17, while Mercantile Bank Corp.’s (MBWM) share price is $45.43, making it a Sell.
Mercantile Bank Corp.’s (MBWM) 50-Day exponential moving average is 47.27, while Mercantile Bank Corp.’s (MBWM) share price is $45.43, making it a Sell.

Mercantile Bank (MBWM) Pivot Points

Dec 22, 2024, 09:12 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
43.10
43.98
44.43
45.31
45.76
46.64
47.09
Fibonacci
43.98
44.49
44.81
45.31
45.82
46.14
46.64
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

Dec 22, 2024, 09:12 AM
Period
Simple
Exponential
MA5
46.53Sell
46.34Sell
MA10
48.22Sell
47.50Sell
MA20
49.19Sell
48.17Sell
MA50
47.15Sell
47.27Sell
MA100
45.03Buy
45.46Sell
MA200
41.62Buy
42.44Buy
Mercantile Bank Corp.’s (MBWM) 10-Day exponential moving average is 47.50, while Mercantile Bank Corp.’s (MBWM) share price is $45.43, making it a Sell.
Mercantile Bank Corp.’s (MBWM) 100-Day exponential moving average is 45.46, while Mercantile Bank Corp.’s (MBWM) share price is $45.43, making it a Sell.
Mercantile Bank Corp.’s (MBWM) stock price is $45.43 and Mercantile Bank Corp.’s (MBWM) 50-day simple moving average is 47.15, creating a Sell signal.
Mercantile Bank Corp.’s (MBWM) stock price is $45.43 and Mercantile Bank Corp.’s (MBWM) 100-day simple moving average is 45.03, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $45.43 and Mercantile Bank Corp.’s (MBWM) 200-day simple moving average is 41.62, creating a Buy signal.

Mercantile Bank (MBWM) Technical Indicators

Dec 22, 2024, 09:12 AM
Name
Value
Implied Action
RSI (14)
37.17
Neutral
STOCH (9,6)
9.55
Buy
STOCHRSI (14)
9.24
Buy
MACD (12,26)
-0.36
Buy
ADX (14)
25.62
Neutral
Williams %R
-81.72
Buy
CCI (14)
-207.75
Buy
ATR (14)
1.71
-
Ultimate Oscillator
28.52
Sell
ROC
-9.75
Sell
Mercantile Bank Corp.’s (MBWM) Relative Strength Index (RSI) is 37.17, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Trend Strength Indicator (ADX) is 25.62, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Commodity Channel Index (CCI) is -207.75, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) Price Rate of Change (ROC) is -9.75, creating a Sell signal.

FAQ

Is MBWM a Buy, Hold, or Sell?
Based on MBWM’s technical indicators, MBWM is a Sell.
    What is MBWM’s RSI (14)?
    MBWM’s RSI (14) is 37.17, which suggests MBWM is a Neutral.
      What is MBWM’s MACD?
      MBWM’s MACD is -0.36, which suggests MBWM is a Buy.
        What is MBWM’s 5-day moving average?
        MBWM’s 5-day moving average is 46.53, which suggests MBWM is a Sell.
          What is MBWM’s 20-day moving average?
          MBWM 20-day moving average is 49.19, which suggests MBWM is a Sell.
            What is MBWM’s 50-day moving average?
            MBWM’s 50-day moving average is 47.15, which suggests MBWM is a Sell.
              What is MBWM’s 200-day moving average?
              MBWM’s 200-day moving average is 41.62, which suggests MBWM is a Buy.
                What is MBWM’s Williams % R (14)?
                MBWM’s Williams % R (14) is -81.72, which suggests MBWM is a Buy.
                  What is MBWM’s CCI (14)?
                  MBWM’s CCI (14) is -207.75, which suggests MBWM is a Buy.
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