MERCHANTS BANCORP/IN (MBIN) Stock Technical Analysis
NASDAQ:MBIN - Nasdaq - US58844R1086 - Common Stock - Currency: USD
Taking everything into account, MBIN scores 2 out of 10 in our technical rating. In the past year, MBIN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, MBIN is a bad performer in the overall market: 80% of all stocks are doing better.
MBIN is part of the Financial Services industry. There are 101 other stocks in this industry, of which 72% are performing better than MBIN.
MBIN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MBIN has a been trading in the 34.16 - 39.96 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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
34.39
40.13
When analyzing the support we notice one important area.
- A support zone ranging from 34.74 to 34.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.15 to 39.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.74
Mansfield-1.55
10 Day High39.96
10 Day Low34.16
20 Day High39.96
20 Day Low34.16
52 Week High53.27
52 Week Low34.16
Performance
1 Week4.76%
2 Weeks9.15%
1 Month8.27%
3 Month-8.89%
6 Month-25.58%
12 Month-10.02%
2 Year36.04%
3 Year34.27%
5 Year198.32%
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)0.55
RSI(14)59.9
LBB33.87
UBB40.24
MERCHANTS BANCORP/IN
NASDAQ:MBIN (1/23/2025, 9:17:24 PM)
After market: 39.14 0 (0%)39.14
-0.3 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.76%
1 Week4.76%
2 Weeks9.15%
1 Month8.27%
3 Month-8.89%
6 Month-25.58%
12 Month-10.02%
2 Year36.04%
3 Year34.27%
5 Year198.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%2.5%
ATR Inc-13.32%
Range Today0.86
ADR(20)0.91
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.74
Mansfield-1.55
10 Day High39.96
10 Day Low34.16
20 Day High39.96
20 Day Low34.16
52 Week High53.27
52 Week Low34.16
CS1 End34.74
CR1 Start39.15
Volume & EV
DER(3)0.35%
DER(5)1.48%
Volume107.80K
Volume Incr9.16%
Vol(5)181.06K
Vol(50)152.75K