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

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Technical Sentiment

Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Mercantile Bank Corp.’s (MBWM) Moving Averages Convergence Divergence (MACD) indicator is <0.01, suggesting Mercantile Bank Corp. is a Buy.
Mercantile Bank Corp.’s (MBWM) 20-Day exponential moving average is 43.59, while Mercantile Bank Corp.’s (MBWM) share price is $51.16, making it a Buy.
Mercantile Bank Corp.’s (MBWM) 50-Day exponential moving average is 43.44, while Mercantile Bank Corp.’s (MBWM) share price is $51.16, making it a Buy.

Mercantile Bank (MBWM) Pivot Points

Nov 10, 2024, 11:33 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
41.59
42.00
42.50
42.91
43.41
43.82
44.32
Fibonacci
42.00
42.34
42.56
42.91
43.25
43.47
43.82
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 10, 2024, 11:33 PM
Period
Simple
Exponential
MA5
43.39Buy
43.49Buy
MA10
43.52Buy
43.56Buy
MA20
43.82Buy
43.59Buy
MA50
43.66Buy
43.44Buy
MA100
43.12Buy
42.58Buy
MA200
40.00Buy
40.36Buy
Mercantile Bank Corp.’s (MBWM) 10-Day exponential moving average is 43.56, while Mercantile Bank Corp.’s (MBWM) share price is $51.16, making it a Buy.
Mercantile Bank Corp.’s (MBWM) 100-Day exponential moving average is 42.58, while Mercantile Bank Corp.’s (MBWM) share price is $51.16, making it a Buy.
Mercantile Bank Corp.’s (MBWM) stock price is $51.16 and Mercantile Bank Corp.’s (MBWM) 50-day simple moving average is 43.66, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $51.16 and Mercantile Bank Corp.’s (MBWM) 100-day simple moving average is 43.12, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $51.16 and Mercantile Bank Corp.’s (MBWM) 200-day simple moving average is 40.00, creating a Buy signal.

Mercantile Bank (MBWM) Technical Indicators

Nov 10, 2024, 11:33 PM
Name
Value
Implied Action
RSI (14)
51.73
Neutral
STOCH (9,6)
31.91
Neutral
STOCHRSI (14)
22.20
Neutral
MACD (12,26)
<0.01
Buy
ADX (14)
11.89
Buy
Williams %R
-63.41
Buy
CCI (14)
-14.02
Neutral
ATR (14)
1.32
-
Ultimate Oscillator
45.35
Neutral
ROC
-5.49
Sell
Mercantile Bank Corp.’s (MBWM) Relative Strength Index (RSI) is 51.73, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Trend Strength Indicator (ADX) is 11.89, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) Commodity Channel Index (CCI) is -14.02, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Price Rate of Change (ROC) is -5.49, creating a Sell signal.

FAQ

Is MBWM a Buy, Hold, or Sell?
Based on MBWM’s technical indicators, MBWM is a Strong Buy.
    What is MBWM’s RSI (14)?
    MBWM’s RSI (14) is 51.73, which suggests MBWM is a Neutral.
      What is MBWM’s MACD?
      MBWM’s MACD is <0.01, which suggests MBWM is a Buy.
        What is MBWM’s 5-day moving average?
        MBWM’s 5-day moving average is 43.39, which suggests MBWM is a Buy.
          What is MBWM’s 20-day moving average?
          MBWM 20-day moving average is 43.82, which suggests MBWM is a Buy.
            What is MBWM’s 50-day moving average?
            MBWM’s 50-day moving average is 43.66, which suggests MBWM is a Buy.
              What is MBWM’s 200-day moving average?
              MBWM’s 200-day moving average is 40.00, which suggests MBWM is a Buy.
                What is MBWM’s Williams % R (14)?
                MBWM’s Williams % R (14) is -63.41, which suggests MBWM is a Buy.
                  What is MBWM’s CCI (14)?
                  MBWM’s CCI (14) is -14.02, which suggests MBWM is a Neutral.
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