MERCANTILE BANK CORP (MBWM) Technical Analysis
NASDAQ:MBWM • US5873761044
Current stock price
MBWM Technical Rating and Analysis
Overall MBWM gets a technical rating of 2 out of 10. MBWM 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.
- In the last month MBWM has a been trading in the 48.30 - 54.72 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, MBWM outperforms 67% of them, which is more or less in line with the market.
- MBWM is an average performer in the Banks industry, it outperforms 64% of 381 stocks in the same industry.
- MBWM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MBWM is lagging the market slightly.
MBWM Weekly and Daily overview Charts
MBWM Setup Rating and Analysis
MBWM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.03, a Stop Loss order could be placed below this zone.
More info and screens
MBWM Support and Resistance Analysis
40.89
3 important support areas can be observed.
- Support @47.73 from a trend line in the weekly time frame.
- A support zone ranging from 43.10 to 44.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 49.92 to 51.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.72 to 54.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
MBWM Technical Indicator Signal Analysis
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 MBWM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBWM is down. |
| ChartMill Relative Strength | 67.11 | NEUTRAL | MBWM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBWM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MBWM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBWM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.04 | NEUTRAL | The RSI value for MBWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests MBWM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.91 | NEUTRAL | The Stochastics value for MBWM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for MBWM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for MBWM suggests a weak or negative trend. |
MBWM Chart- and CandleStick Pattern Analysis
MBWM Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MBWM (3/20/2026, 1:57:46 PM)
49.08
-1.2 (-2.39%)
MERCANTILE BANK CORP / MBWM TA FAQ
Can you provide the ChartMill technical rating for MERCANTILE BANK CORP?
ChartMill assigns a technical rating of 3 / 10 to MBWM.
What is the current trend direction of MERCANTILE BANK CORP (MBWM) stock?
The current trend direction for MERCANTILE BANK CORP (MBWM) is Bearish.
Can you provide the RSI signal for MERCANTILE BANK CORP?
MERCANTILE BANK CORP (MBWM) has an RSI value of 42.0364. This indicates that the stock is currently neutral.
What is the MACD signal for MBWM stock?
The MACD indicator for MERCANTILE BANK CORP (MBWM) has a value of -0.196173, indicating a bearish trend.
What is the short term momentum for MERCANTILE BANK CORP (MBWM) stock?
The short term momentum for MERCANTILE BANK CORP (MBWM) is negative.