MERCHANTS BANCORP/IN (MBIN) Stock Technical Analysis
USA - NASDAQ:MBIN - US58844R1086 - Common Stock
32.08 USD
+0.61 (+1.94%)
We assign a technical rating of 1 out of 10 to MBIN. MBIN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than MBIN.
MBIN is part of the Financial Services industry. There are 99 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MBIN has a been trading in the 30.53 - 32.85 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, MBIN does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
29.76
36.37
We found 2 important support areas.
- A support zone ranging from 31.52 to 32.05. 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 32.15 to 32.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @33.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 35.65 to 36.01. 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 | DOWN | NEGATIVE | The long term trend for MBIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBIN is down. |
| ChartMill Relative Strength | 13.63 | NEGATIVE | MBIN has a low relative strength, it was outperformed by 86.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MBIN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MBIN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.99 | NEUTRAL | The RSI value for MBIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MBIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.55 | NEUTRAL | The Stochastics value for MBIN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for MBIN suggests some volalility. |
| Average Directional Index/ADX (14) | 9.71 | NEGATIVE | The low ADX value for MBIN suggests a weak or negative 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)
NASDAQ:MBIN (10/21/2025, 3:27:59 PM)
32.08
+0.61 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.94%
1 Week-0.88%
2 Weeks-2.33%
1 Month-1.66%
3 Month-9.28%
6 Month-2.99%
12 Month-26.75%
2 Year5.29%
3 Year31.4%
5 Year118.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%2.85%
ATR Inc37.29%
Range Today0.69
ADR(20)0.89
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.63
Mansfield-2
10 Day High32.8
10 Day Low30.53
20 Day High32.85
20 Day Low30.53
52 Week High44.19
52 Week Low27.25
CS1 End30.06
CR1 Start31.52
Volume & EV
DER(3)0.61%
DER(5)1.17%
Volume85.86K
Volume Incr47.29%
Vol(5)221.22K
Vol(50)169.21K