MERCHANTS BANCORP - MBIN 6 PERP (MBINN) Stock Technical Analysis
USA - NASDAQ:MBINN - US58844R7026
21.34 USD
-0.03 (-0.14%)
Overall MBINN gets a technical rating of 4 out of 10. In the last year, MBINN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, MBINN is a bad performer in the overall market: 72% of all stocks are doing better.
Warning: MBINN has an average volume of 9257 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MBINN has a been trading in the 20.20 - 21.60 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MBINN is an average performer in the Financial Services industry, it outperforms 51% of 99 stocks in the same industry.
MBINN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBINN is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, MBINN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 20.65, a Stop Loss order could be placed below this zone.
More info and screens
19.21
22.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.42 to 20.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.80 to 20.03. 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.
When analyzing the resistance we notice 2 important areas.
- Resistance @21.38 from a trend line in the weekly time frame.
- Resistance @22.15 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MBINN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBINN is neutral. |
| ChartMill Relative Strength | 28.63 | NEGATIVE | MBINN has a low relative strength, it was outperformed by 71.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBINN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBINN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MBINN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.85 | NEUTRAL | The RSI value for MBINN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MBINN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.6 | OVERBOUGHT | The high Stochastics value suggests MBINN may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for MBINN suggests low volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for MBINN suggests a possible start of a new 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)
MERCHANTS BANCORP - MBIN 6 PERP
NASDAQ:MBINN (10/3/2025, 8:00:01 PM)
21.34
-0.03 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.14%
1 Week2.01%
2 Weeks0.14%
1 Month3.69%
3 Month7.83%
6 Month9.16%
12 Month-12%
2 Year23.71%
3 Year-2.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.95%
ATR Inc5.39%
Range Today0.54
ADR(20)0.38
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.63
Mansfield-0.94
10 Day High21.45
10 Day Low20.2
20 Day High21.6
20 Day Low20.2
52 Week High24.26
52 Week Low18.31
CS1 End20.65
CR1 Start21.38
Volume & EV
DER(3)-1.27%
DER(5)-3.87%
Volume2.90K
Volume Incr83.13%
Vol(5)13.00K
Vol(50)9.26K