MERCHANTS BANCORP/IN (MBIN)
US58844R1086 - Common Stock
Overall MBIN gets a technical rating of 0 out of 10. MBIN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MBIN is a bad performer in the overall market: 65% of all stocks are doing better.
MBIN is one of the lesser performing stocks in the Financial Services industry. 71% of 100 stocks in the same industry do better.
MBIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBIN is lagging the market.
In the last month MBIN has a been trading in the 35.56 - 44.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MBIN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 36.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MBIN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
35.59
46.83
We found 1 important support area.
- A support zone ranging from 35.95 to 36.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 39.63 to 39.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 41.77 to 42.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.37 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.89
Mansfield-1.68
10 Day High41.34
10 Day Low38
20 Day High44.79
20 Day Low35.56
52 Week High53.27
52 Week Low32.52
Performance
1 Week-2.4%
2 Weeks-3.17%
1 Month-10.98%
3 Month-15.03%
6 Month-3.43%
12 Month16.95%
2 Year53.97%
3 Year29.58%
5 Year228.7%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)45.41
LBB36.55
UBB42.71
MERCHANTS BANCORP/IN
NASDAQ:MBIN (11/21/2024, 8:00:01 PM)
After market: 39.4 0 (0%)39.4
+1.21 (+3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.17%
1 Week-2.4%
2 Weeks-3.17%
1 Month-10.98%
3 Month-15.03%
6 Month-3.43%
12 Month16.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.63
ATR(20)%4.97%
ATR Inc
Range Today2.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High41.34
10 Day Low38
20 Day High44.79
20 Day Low35.56
52 Week High53.27
52 Week Low32.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume232.30K
Volume Incr12.2%
Vol(5)221.88K
Vol(50)161.67K