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 0.19, suggesting Mercantile Bank Corp. is a Sell.
Mercantile Bank Corp.’s (MBWM) 20-Day exponential moving average is 44.04, while Mercantile Bank Corp.’s (MBWM) share price is $46.61, making it a Buy.
Mercantile Bank Corp.’s (MBWM) 50-Day exponential moving average is 43.32, while Mercantile Bank Corp.’s (MBWM) share price is $46.61, making it a Buy.

Mercantile Bank (MBWM) Pivot Points

Sep 20, 2024, 02:54 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
42.52
43.42
44.18
45.08
45.84
46.74
47.50
Fibonacci
43.42
44.05
44.44
45.08
45.71
46.10
46.74
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

Sep 20, 2024, 02:54 AM
Period
Simple
Exponential
MA5
44.34Buy
44.54Buy
MA10
43.72Buy
44.21Buy
MA20
44.23Buy
44.04Buy
MA50
44.57Buy
43.32Buy
MA100
41.10Buy
41.62Buy
MA200
39.09Buy
39.25Buy
Mercantile Bank Corp.’s (MBWM) 10-Day exponential moving average is 44.21, while Mercantile Bank Corp.’s (MBWM) share price is $46.61, making it a Buy.
Mercantile Bank Corp.’s (MBWM) 100-Day exponential moving average is 41.62, while Mercantile Bank Corp.’s (MBWM) share price is $46.61, making it a Buy.
Mercantile Bank Corp.’s (MBWM) stock price is $46.61 and Mercantile Bank Corp.’s (MBWM) 50-day simple moving average is 44.57, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $46.61 and Mercantile Bank Corp.’s (MBWM) 100-day simple moving average is 41.10, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) stock price is $46.61 and Mercantile Bank Corp.’s (MBWM) 200-day simple moving average is 39.09, creating a Buy signal.

Mercantile Bank (MBWM) Technical Indicators

Sep 20, 2024, 02:54 AM
Name
Value
Implied Action
RSI (14)
58.38
Neutral
STOCH (9,6)
70.70
Neutral
STOCHRSI (14)
64.85
Neutral
MACD (12,26)
0.19
Sell
ADX (14)
17.19
Buy
Williams %R
-35.99
Buy
CCI (14)
82.04
Neutral
ATR (14)
1.53
-
Ultimate Oscillator
48.14
Neutral
ROC
-0.44
Sell
Mercantile Bank Corp.’s (MBWM) Relative Strength Index (RSI) is 58.38, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Trend Strength Indicator (ADX) is 17.19, creating a Buy signal.
Mercantile Bank Corp.’s (MBWM) Commodity Channel Index (CCI) is 82.04, creating a Neutral signal.
Mercantile Bank Corp.’s (MBWM) Price Rate of Change (ROC) is -0.44, 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 58.38, which suggests MBWM is a Neutral.
      What is MBWM’s MACD?
      MBWM’s MACD is 0.19, which suggests MBWM is a Sell.
        What is MBWM’s 5-day moving average?
        MBWM’s 5-day moving average is 44.34, which suggests MBWM is a Buy.
          What is MBWM’s 20-day moving average?
          MBWM 20-day moving average is 44.23, which suggests MBWM is a Buy.
            What is MBWM’s 50-day moving average?
            MBWM’s 50-day moving average is 44.57, which suggests MBWM is a Buy.
              What is MBWM’s 200-day moving average?
              MBWM’s 200-day moving average is 39.09, which suggests MBWM is a Buy.
                What is MBWM’s Williams % R (14)?
                MBWM’s Williams % R (14) is -35.99, which suggests MBWM is a Buy.
                  What is MBWM’s CCI (14)?
                  MBWM’s CCI (14) is 82.04, which suggests MBWM is a Neutral.
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