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Mercantile Bank Corp. (MBWM)
NASDAQ:MBWM

Mercantile Bank (MBWM) Technical Analysis

349 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
4Neutral
4Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Mercantile Bank Corp.’s (MBWM) Moving Averages Convergence Divergence (MACD) indicator is 0.89, suggesting Mercantile Bank Corp. is a Sell.
Mercantile Bank Corp.’s (MBWM) 20-Day exponential moving average is 38.51, while Mercantile Bank Corp.’s (MBWM) share price is $40.17, making it a Buy.
Mercantile Bank Corp.’s (MBWM) 50-Day exponential moving average is 37.67, while Mercantile Bank Corp.’s (MBWM) share price is $40.17, making it a Buy.

Mercantile Bank (MBWM) Pivot Points

May 20, 2024, 10:15 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
39.01
39.33
39.65
39.97
40.29
40.61
40.93
Fibonacci
39.33
39.58
39.73
39.97
40.22
40.37
40.61
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

May 20, 2024, 10:15 PM
Period
Simple
Exponential
MA5
39.56Buy
39.69Buy
MA10
39.55Buy
39.28Buy
MA20
38.24Buy
38.51Buy
MA50
37.11Buy
37.67Buy
MA100
37.79Buy
37.06Buy
MA200
35.58Buy
34.98Buy
Mercantile Bank Corp.’s (MBWM) 10-Day exponential moving average is 39.28, while Mercantile Bank Corp.’s (MBWM) share price is $40.17, making it a Buy.
Mercantile Bank Corp.’s (MBWM) 100-Day exponential moving average is 37.06, while Mercantile Bank Corp.’s (MBWM) share price is $40.17, making it a Buy.
Mercantile Bank Corp.’s (MBWM) stock price is $40.17 and Mercantile Bank Corp.’s (MBWM) 50-day simple moving average is 37.11, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $40.17 and Mercantile Bank Corp.’s (MBWM) 100-day simple moving average is 37.79, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $40.17 and Mercantile Bank Corp.’s (MBWM) 200-day simple moving average is 35.58, creating a Buy signal.

Mercantile Bank (MBWM) Technical Indicators

May 20, 2024, 10:15 PM
Name
Value
Implied Action
RSI (14)
66.69
Neutral
STOCH (9,6)
81.56
Sell
STOCHRSI (14)
93.70
Sell
MACD (12,26)
0.89
Sell
ADX (14)
22.55
Neutral
Williams %R
-9.78
Sell
CCI (14)
86.12
Neutral
ATR (14)
0.87
-
Ultimate Oscillator
52.37
Neutral
ROC
10.50
Buy
Mercantile Bank Corp.’s (MBWM) Relative Strength Index (RSI) is 66.69, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Trend Strength Indicator (ADX) is 22.55, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Commodity Channel Index (CCI) is 86.12, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Price Rate of Change (ROC) is 10.50, 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 66.69, which suggests MBWM is a Neutral.
      What is MBWM’s MACD?
      MBWM’s MACD is 0.89, which suggests MBWM is a Sell.
        What is MBWM’s 5-day moving average?
        MBWM’s 5-day moving average is 39.56, which suggests MBWM is a Buy.
          What is MBWM’s 20-day moving average?
          MBWM 20-day moving average is 38.24, which suggests MBWM is a Buy.
            What is MBWM’s 50-day moving average?
            MBWM’s 50-day moving average is 37.11, which suggests MBWM is a Buy.
              What is MBWM’s 200-day moving average?
              MBWM’s 200-day moving average is 35.58, which suggests MBWM is a Buy.
                What is MBWM’s Williams % R (14)?
                MBWM’s Williams % R (14) is -9.78, which suggests MBWM is a Sell.
                  What is MBWM’s CCI (14)?
                  MBWM’s CCI (14) is 86.12, which suggests MBWM is a Neutral.
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