34.86 USD
-1.55 (-4.26%)
34.86 USD
0 (0%)
Overall MBIN gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MBIN is a bad performer.
- 69% of all other stocks performed better in the past year than MBIN.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MBIN is part of the Financial Services industry. There are 97 other stocks in this industry, MBIN did better than 51% 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 - 36.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MBIN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 34.76, a Stop Loss order could be placed below this zone.
More info and screens
29.76
37.18
4 important support areas can be observed.
- A support zone ranging from 34.04 to 34.76. 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 33.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.90 to 31.46. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 35.26 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.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MBIN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBIN is neutral. |
| ChartMill Relative Strength | 31.76 | NEUTRAL | MBIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.13 | NEUTRAL | The RSI value for MBIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MBIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.47 | NEUTRAL | The Stochastics value for MBIN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for MBIN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for MBIN suggests a possible start of a new trend. |
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)
34.86
-1.55 (-4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-4.26%
1 Week-2.24%
2 Weeks-2.76%
1 Month3.63%
3 Month6.02%
6 Month0.49%
12 Month-10.62%
2 Year-20.3%
3 Year21.17%
5 Year75.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%3.13%
ATR Inc21.54%
Range Today1.47
ADR(20)1.03
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.76
3 months CRS72.98
6 months CRS37.26
Mansfield-0.78
10 Day High36.82
10 Day Low34.27
20 Day High36.82
20 Day Low32.84
52 Week High43.82
52 Week Low27.25
CS1 End34.76
CR1 Start35.26
Volume & EV
DER(3)0.23%
DER(5)0.84%
Volume121.20K
Volume Incr-30.54%
Vol(5)111.04K
Vol(50)151.87K
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 50.1286. 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 0.00207711, indicating a bearish trend.