MERCHANTS BANCORP/IN (MBIN) Stock Technical Analysis
NASDAQ:MBIN - Nasdaq - US58844R1086 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MBIN. MBIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
82% of all other stocks performed better in the past year than MBIN.
MBIN is part of the Financial Services industry. There are 101 other stocks in this industry, of which 74% are performing better than MBIN.
MBIN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MBIN is lagging the market.
In the last month MBIN has a been trading in the 27.25 - 34.19 range, which is quite wide. It is currently trading near the high of this range.
MBIN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 33.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.35, a Stop Loss order could be placed below this zone.
More info and screens
29.76
41.35
2 important support areas can be observed.
- A support zone ranging from 31.30 to 31.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.06 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 33.38 to 33.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.65 from a trend line in the weekly time frame.
- Resistance @40.94 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.4
Mansfield-2.11
10 Day High33.68
10 Day Low29.87
20 Day High34.19
20 Day Low27.25
52 Week High53.27
52 Week Low27.25
Performance
1 Week-0.3%
2 Weeks7.08%
1 Month1.93%
3 Month-20.86%
6 Month-20.13%
12 Month-19.56%
2 Year43.57%
3 Year28.76%
5 Year188.23%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.39
RSI(14)50.43
LBB29.84
UBB34.06
NASDAQ:MBIN (5/21/2025, 3:25:56 PM)
31.99
-0.83 (-2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.53%
1 Week-0.3%
2 Weeks7.08%
1 Month1.93%
3 Month-20.86%
6 Month-20.13%
12 Month-19.56%
2 Year43.57%
3 Year28.76%
5 Year188.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%4.48%
ATR Inc-46.47%
Range Today0.81
ADR(20)1.35
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.4
Mansfield-2.11
10 Day High33.68
10 Day Low29.87
20 Day High34.19
20 Day Low27.25
52 Week High53.27
52 Week Low27.25
CS1 End32.35
CR1 Start33.38
Volume & EV
DER(3)-1.7%
DER(5)-0.56%
Volume71.01K
Volume Incr-22.18%
Vol(5)142.98K
Vol(50)177.16K