MERCHANTS BANCORP/IN (MBIN)
US58844R1086 - Common Stock
Taking everything into account, MBIN scores 0 out of 10 in our technical rating. MBIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MBIN is a bad performer in the overall market: 83% of all stocks are doing better.
MBIN is part of the Financial Services industry. There are 99 other stocks in this industry, of which 79% are performing better than MBIN.
MBIN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MBIN is lagging the market.
In the last month MBIN has a been trading in the 35.57 - 42.38 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of MBIN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.57
46.83
We found 1 important support area.
- A support zone ranging from 35.93 to 36.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 38.99 to 39.17. 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 40.23 to 40.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.29 from a horizontal line in the weekly time frame.
- Resistance @42.17 from a horizontal line in the daily time frame.
- 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
CRS17.87
Mansfield-2.2
10 Day High39.49
10 Day Low35.57
20 Day High42.38
20 Day Low35.57
52 Week High53.27
52 Week Low35.56
Performance
1 Week-6.06%
2 Weeks-7.31%
1 Month-8.25%
3 Month-20.67%
6 Month-8.92%
12 Month-13.68%
2 Year48.64%
3 Year14.57%
5 Year175.11%
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)-0.31
RSI(14)32.3
LBB35.6
UBB40.94
MERCHANTS BANCORP/IN
NASDAQ:MBIN (12/20/2024, 8:23:35 PM)
After market: 36.15 0 (0%)36.15
+0.21 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.58%
1 Week-6.06%
2 Weeks-7.31%
1 Month-8.25%
3 Month-20.67%
6 Month-8.92%
12 Month-13.68%
2 Year48.64%
3 Year14.57%
5 Year175.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%2.87%
ATR Inc1.15%
Range Today0.93
ADR(20)1.02
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.87
Mansfield-2.2
10 Day High39.49
10 Day Low35.57
20 Day High42.38
20 Day Low35.57
52 Week High53.27
52 Week Low35.56
CS1 End36.14
CR1 Start38.99
Volume & EV
DER(3)-1.13%
DER(5)-1.28%
Volume402.20K
Volume Incr69.32%
Vol(5)225.70K
Vol(50)177.75K