MERCHANTS BANCORP/IN (MBIN) Technical Analysis

NASDAQ:MBIN • US58844R1086

42.34 USD
+0.08 (+0.19%)
Last: Mar 13, 2026, 09:53 AM
Technical Rating and Analysis

6

Overall MBIN gets a technical rating of 6 out of 10. MBIN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • MBIN is one of the better performing stocks in the Financial Services industry, it outperforms 87% of 98 stocks in the same industry.
  • MBIN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MBIN is performing more or less in line with the market.
  • When comparing the yearly performance of all stocks, we notice that MBIN is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
  • In the last month MBIN has a been trading in the 40.08 - 48.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MERCHANTS BANCORP/IN / MBIN Weekly stock chart
MERCHANTS BANCORP/IN / MBIN Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MBIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 41.52, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

32.62

48.12

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 41.52 to 41.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @37.81 from a trend line in the daily time frame.
  • Support @32.95 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @42.43 from a trend line in the daily time frame.
  • A resistance zone ranging from 47.39 to 47.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MBIN is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MBIN is neutral.
ChartMill Relative Strength76.98POSITIVEMBIN has a high relative strength, it outperformed 76.98% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MBIN is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MBIN is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MBIN is above the rising SMA(200).
Relative Strength Index/RSI (14)50.13NEUTRALThe RSI value for MBIN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.47NEGATIVEThe MACD value suggests MBIN has a negative trend, although the MACD value is rising.
Stochastics (14,3)34.57NEUTRALThe Stochastics value for MBIN is a neutral value.
Average True Range in percent/ATR (20)3.79MEDIUM VOLATILITYThe ATR as a percentage value for MBIN suggests some volalility.
Average Directional Index/ADX (14)18.19NEGATIVEThe low ADX value for MBIN suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
42.4441.510.93 (2.19%)25.00%
An entry @42.44. This is a Buy Stop order right above the resistance zone.An exit @41.51. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.93 points, which is 2.19%.For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of MBIN. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

MBIN Technicals: Chart, Performance Metrics, Trend & Indicators

MERCHANTS BANCORP/IN / MBIN Daily stock chart

MERCHANTS BANCORP/IN

NASDAQ:MBIN (3/13/2026, 9:53:13 AM)

42.34

+0.08 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.19%
1 Week1.17%
2 Weeks-3.87%
1 Month-9.24%
3 Month16.64%
6 Month29.47%
12 Month11.5%
2 Year-2.13%
3 Year62.29%
5 Year51.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%3.79%
ATR Inc-20.45%
Range Today0.82
ADR(20)1.54
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.98
3 months CRS89.93
6 months CRS90.04
Mansfield1.73
10 Day High43.91
10 Day Low40.08
20 Day High48.5
20 Day Low40.08
52 Week High48.5
52 Week Low27.25
CS1 End41.52
CR1 Start42.43
Volume & EV
DER(3)-0.35%
DER(5)-1.23%
Volume10.94K
Volume Incr-58.94%
Vol(5)246.60K
Vol(50)354.41K

MERCHANTS BANCORP/IN / MBIN FAQ

What is the technical rating for MBIN stock?

ChartMill assigns a technical rating of 6 / 10 to MBIN.


Can you provide the trend direction for MERCHANTS BANCORP/IN?

The current trend direction for MERCHANTS BANCORP/IN (MBIN) is Bullish.


What is the RSI signal for MERCHANTS BANCORP/IN (MBIN) stock?

MERCHANTS BANCORP/IN (MBIN) has an RSI value of 50.126. This indicates that the stock is currently neutral.


What is the MACD signal for MERCHANTS BANCORP/IN (MBIN) stock?

The MACD indicator for MERCHANTS BANCORP/IN (MBIN) has a value of -0.469963, indicating a bearish trend.