Mercantile Bank's 15min chart shows Bollinger Bands expanding downward, bearish marubozu.
ByAinvest
Thursday, Feb 5, 2026 2:06 pm ET1min read
MBWM--
Mercantile Bank's 15-minute chart has exhibited a downward expansion of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern on February 5, 2023 at 14:00. This indicates that the market trend is being driven by sellers, who currently have control over the market. Consequently, it is likely that the bearish momentum will continue in the near future.
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