Mercantile Bank Corporation MBWM Support Resistance charts Mercantile Bank Corporation MBWM NASDAQ

Stock MBWM - Share Mercantile Bank Corporation trades in NASDAQ under Finance Deals in Major Banks

Daily Support: 34.09
Daily Resistance: 35.21

Short term support and resistance levels are 34.7 and 36.43
The support & resistance points are valid for intra day trading.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Moving Averages for Mercantile Bank Corporation

5Day Average: 34.7
12Day Average: 35.8
20Day Average: 36.43
50Day Average: 36.8
100Day Average: 37.99
150Day Average: 36.24
200Day Average: 35.59

MBWM Indicators & signals

Indicator MACD (12,26,9)

35.45, 36.16, -0.41
Indicator MACD is in negative zone

Indicator ADX (14)

22.22, 19.81, 31.13
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MBWM Mercantile Bank Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
18 Thu Apr 2024	34.53	33.64 to 34.76	2.71%	1.45 times
17 Wed Apr 2024	33.62	33.46 to 34.25	-1.52%	1.62 times
16 Tue Apr 2024	34.14	33.99 to 36.09	-3.72%	1.18 times
15 Mon Apr 2024	35.46	35.29 to 36.28	-0.78%	0.68 times
12 Fri Apr 2024	35.74	35.25 to 35.88	0.56%	0.74 times
11 Thu Apr 2024	35.54	34.75 to 35.58	0.97%	0.8 times
10 Wed Apr 2024	35.20	34.84 to 36.43	-5.38%	1.19 times
09 Tue Apr 2024	37.20	36.99 to 37.33	-0.27%	0.8 times
08 Mon Apr 2024	37.30	36.77 to 37.47	0.73%	0.9 times
05 Fri Apr 2024	37.03	36.67 to 37.22	0%	0.78 times
04 Thu Apr 2024	37.03	36.80 to 37.58	0.54%	1.31 times
03 Wed Apr 2024	36.83	36.60 to 37.21	-0.03%	1 times