Taking everything into account, MBINL scores 2 out of 10 in our technical rating. MBINL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, MBINL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.33, a Stop Loss order could be placed below this zone.
22.29
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 MBINL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBINL is neutral. |
| ChartMill Relative Strength | 30.32 | NEUTRAL | MBINL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MBINL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MBINL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBINL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.08 | NEUTRAL | The RSI value for MBINL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MBINL has a positive trend. |
| Stochastics (14,3) | 83.87 | OVERBOUGHT | The high Stochastics value suggests MBINL may be overbought. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for MBINL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for MBINL suggests a weak or negative trend. |
MERCHANTS BANCORP - MBIN 7 5/8 PERP
NASDAQ:MBINL (12/12/2025, 4:47:55 PM)
23.35
+0.03 (+0.13%)
ChartMill assigns a technical rating of 2 / 10 to MBINL.
The current trend direction for MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) is Bullish.
MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) has an RSI value of 55.0795. This indicates that the stock is currently neutral.
The short term momentum for MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) is neutral.
MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) has a support level at 23.33 and a resistance level at 23.58. Check the full technical report for our detailed analysis of MBINL support and resistance levels.