Mercantile Bank Corp(MBWM)

$50.53▲0.86%

Market is closed - opens 8 PM, 29 Nov 2024

Insights

Mercantile Bank Corp is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Mercantile Bank Corp stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Mercantile Bank Corp stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Mercantile Bank Corp stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	61.88	Sell
Stochastic	53.6, 54.73	Neutral
Ultimate Oscillator	44.32	Neutral
Stochastic Relative Strength Index	50.45, 51.87	Neutral
Moving Average Convergence Divergence	1.49, 1.42	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	49.52	Buy
20	48.29	Buy
50	45.36	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	49.61	Buy
20	48.46	Buy
50	46.42	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	49.95	Neutral
20	48.79	Neutral
50	45.86	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	50.66	Buy
20	50.46	Buy
50	48.55	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	50.57	Sell
20	51.0	Buy
50	49.67	Buy

Pivot

Pivot	Value
Resistance L3	51.89
Resistance L2	51.33
Resistance L1	50.72
Pivot Point	50.16
Support L1	49.54
Support L2	48.98
Support L3	48.37

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.