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MERCHANTS BANCORP/IN (MBIN) Stock Technical Analysis

USA - Nasdaq - NASDAQ:MBIN - US58844R1086 - Common Stock

34.64 USD
-0.2 (-0.57%)
Last: 1/13/2026, 2:50:33 PM
Technical Rating and Analysis

6

Taking everything into account, MBIN scores 6 out of 10 in our technical rating. MBIN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, MBIN outperforms 45% of them, which is more or less in line with the market.
MBIN is part of the Financial Services industry. There are 98 other stocks in this industry, MBIN did better than 53% of them.
MBIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBIN is lagging the market.
In the last month MBIN has a been trading in the 32.84 - 37.36 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

MBIN has only a medium 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 support zone below the current price at 33.83, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

29.76

37.18

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 33.49 to 33.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 32.95 to 32.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @31.46 from a horizontal line in the daily time frame.
  • A support zone ranging from 30.90 to 30.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 30.06 to 30.41. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 34.96 to 35.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 36.24 to 36.81. 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 IndicatorNEUTRALNEUTRALThe long term trend for MBIN is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MBIN is up.
ChartMill Relative Strength45.24NEUTRALMBIN is not amongst the best or worst performers 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)DOWNMIXEDThe current price of MBIN is above a declining SMA(200).
Relative Strength Index/RSI (14)52.55NEUTRALThe RSI value for MBIN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests MBIN has a positive trend, although the MACD value is declining.
Stochastics (14,3)74.02NEUTRALThe Stochastics value for MBIN is a neutral value.
Average True Range in percent/ATR (20)3.15MEDIUM VOLATILITYThe ATR as a percentage value for MBIN suggests some volalility.
Average Directional Index/ADX (14)24.89NEUTRALThe ADX value for MBIN suggests a possible start of a new 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
35.6533.482.17 (6.09%)16.43%
An entry @35.65. This is a Buy Stop order right above the resistance zone.An exit @33.48. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.17 points, which is 6.09%.For a 1.00% total portfolio risk, you can invest 16.43% of your capital in this trade.

  • 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.
MERCHANTS BANCORP/IN / MBIN Daily stock chart

MERCHANTS BANCORP/IN

NASDAQ:MBIN (1/13/2026, 2:50:33 PM)

34.64

-0.2 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.57%
1 Week1.07%
2 Weeks3.32%
1 Month-3.11%
3 Month12.71%
6 Month0.03%
12 Month-9.9%
2 Year-20.35%
3 Year21.1%
5 Year75.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%3.15%
ATR Inc-13.01%
Range Today0.35
ADR(20)1.09
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.24
3 months CRS83.54
6 months CRS34.68
Mansfield-0.91
10 Day High36.21
10 Day Low32.84
20 Day High37.36
20 Day Low32.84
52 Week High43.82
52 Week Low27.25
CS1 End33.83
CR1 Start34.96
Volume & EV
DER(3)-0.55%
DER(5)1.44%
Volume23.79K
Volume Incr-36.64%
Vol(5)124.94K
Vol(50)165.61K

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 Bearish.


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

MERCHANTS BANCORP/IN (MBIN) has an RSI value of 52.5517. 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 0.0208619, indicating a bearish trend.