MERCHANTS BANCORP - MBIN 6 PERP (MBINN) Stock Technical Analysis
USA - NASDAQ:MBINN - US58844R7026
We assign a technical rating of 1 out of 10 to MBINN. MBINN'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.
Although the technical rating is bad, MBINN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MBINN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.21
2 important support areas can be observed.
- A support zone ranging from 19.80 to 20.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.40 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 20.25 to 20.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.11 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.55 to 21.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.02 to 22.19. 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 MBINN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBINN is down. |
| ChartMill Relative Strength | 26.91 | NEGATIVE | MBINN has a low relative strength, it was outperformed by 73.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBINN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MBINN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBINN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.8 | NEUTRAL | The RSI value for MBINN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MBINN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.7 | NEUTRAL | The Stochastics value for MBINN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for MBINN suggests low volalility. |
| Average Directional Index/ADX (14) | 51.15 | POSITIVE | The high ADX value value for MBINN suggests a strong trend. |
MERCHANTS BANCORP - MBIN 6 PERP
NASDAQ:MBINN (11/4/2025, 8:00:00 PM)
20.1999
+0.28 (+1.41%)
MERCHANTS BANCORP - MBIN 6 PERP / MBINN FAQ
What is the technical rating for MBINN stock?
ChartMill assigns a technical rating of 1 / 10 to MBINN.
What is the current trend direction of MERCHANTS BANCORP - MBIN 6 PERP (MBINN) stock?
The current trend direction for MERCHANTS BANCORP - MBIN 6 PERP (MBINN) is Bearish.
What is the RSI signal for MERCHANTS BANCORP - MBIN 6 PERP (MBINN) stock?
MERCHANTS BANCORP - MBIN 6 PERP (MBINN) has an RSI value of 44.8026. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MERCHANTS BANCORP - MBIN 6 PERP?
The MACD indicator for MERCHANTS BANCORP - MBIN 6 PERP (MBINN) has a value of -0.0401238, indicating a bearish trend.
What is the support and resistance level for MBINN stock?
MERCHANTS BANCORP - MBIN 6 PERP (MBINN) has a support level at 20.01 and a resistance level at 20.25. Check the full technical report for our detailed analysis of MBINN support and resistance levels.