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MERCHANTS BANCORP - MBIN 6 PERP (MBINN) Stock Technical Analysis

NASDAQ:MBINN - Nasdaq - US58844R7026 - Currency: USD

19.81  +0.21 (+1.07%)

Technical Rating and Analysis

1

Overall MBINN gets a technical rating of 1 out of 10. MBINN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
MBINN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: MBINN has an average volume of 7516 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, MBINN turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
MBINN is an average performer in the Financial Services industry, it outperforms 46% of 101 stocks in the same industry.
In the last month MBINN has a been trading in the 18.31 - 20.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MERCHANTS BANCORP - MBIN 6 PERP / MBINN Weekly stock chart
MERCHANTS BANCORP - MBIN 6 PERP / MBINN Daily stock chart
Setup Rating and Analysis

6

MBINN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
Support and Resistance Analysis

18.36

22.41

When analyzing the support we notice one important area.

  • A support zone ranging from 18.55 to 18.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @20.99 from a trend line in the daily time frame.
  • Resistance @21.33 from a horizontal line in the daily time frame.
  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.16
Mansfield-0.68
10 Day High19.89
10 Day Low19
20 Day High20.33
20 Day Low18.31
52 Week High24.34
52 Week Low18.31
Performance
1 Week1.49%
2 Weeks3.11%
1 Month-3.13%
3 Month-9.42%
6 Month-12.54%
12 Month-2.37%
2 Year11.61%
3 Year-19.01%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)50.11
LBB18.73
UBB19.92
MERCHANTS BANCORP - MBIN 6 PERP / MBINN Daily stock chart

MERCHANTS BANCORP - MBIN 6 PERP

NASDAQ:MBINN (5/1/2025, 9:15:41 PM)

19.81

+0.21 (+1.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.07%
1 Week1.49%
2 Weeks3.11%
1 Month-3.13%
3 Month-9.42%
6 Month-12.54%
12 Month-2.37%
2 Year11.61%
3 Year-19.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.58%
ATR Inc-45.78%
Range Today0.21
ADR(20)0.47
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.16
Mansfield-0.68
10 Day High19.89
10 Day Low19
20 Day High20.33
20 Day Low18.31
52 Week High24.34
52 Week Low18.31
CS1 End18.7
CR1 Start20.99
Volume & EV
DER(3)1.69%
DER(5)7.06%
Volume5.50K
Volume Incr-24.66%
Vol(5)7.50K
Vol(50)7.52K