Mercantile Bank (MBWM) Technical Analysis: Signals, Charts & Indicators

4.42 / 10

Netural

Technical score is 4.42/10, reflecting a neutral stance. A MACD Golden Cross and Marubozu White suggest bullish momentum, but a MACD Death Cross and Long Lower Shadow signal bearish pressure. Overall volatility makes direction unclear.

Analysis Checks(2/4)

Long Lower Shadow

Score1/10

Win Rate11.11%

Hist. Signals9

Avg Return-2.71%

MACD Death Cross

Score2.66/10

Win Rate40.00%

Hist. Signals10

Avg Return0.99%

MACD Golden Cross

Score8.27/10

Win Rate100.00%

Hist. Signals8

Avg Return2.50%

Marubozu White

Score5.76/10

Win Rate56.25%

Hist. Signals16

Avg Return0.57%

What is the current technical signals for MBWM?

MBWM presents a Netural setup with a Technical Score of 4.42/10. Key technical indicators highlight an RSI of 55.30 and a MACD of 0.49, with the trend anchored by the 50-Day SMA at 51.82. Traders should monitor key support at 50.63 and resistance at 51.56.