We assign a technical rating of 4 out of 10 to MBINL. MBINL was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
MBINL 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 resistance zone just above the current price starting at 23.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.19, a Stop Loss order could be placed below this zone.
22.29
When analyzing the support we can see 2 important areas.
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 | 27.02 | NEGATIVE | MBINL has a low relative strength, it was outperformed by 72.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBINL is above the rising 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) | 57.18 | NEUTRAL | The RSI value for MBINL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MBINL has a positive trend. |
| Stochastics (14,3) | 70.51 | NEUTRAL | The Stochastics value for MBINL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for MBINL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for MBINL suggests a weak or negative trend. |
MERCHANTS BANCORP - MBIN 7 5/8 PERP
NASDAQ:MBINL (1/9/2026, 8:01:23 PM)
23.29
+0.22 (+0.95%)
ChartMill assigns a technical rating of 4 / 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 57.1774. This indicates that the stock is currently neutral.
The MACD indicator for MERCHANTS BANCORP - MBIN 7 5/8 PERP (MBINL) has a value of 0.0278437, indicating a bearish trend.