whatshot

MBWM   $46.09  -1.09% Market Open

Mercantile Bank Corp
show_chart Advanced Chart of MBWM
Last Events:

2023-08-06 Trend changed from flat and down to linear up.

2023-08-05 Trend pattern changed from канал to расходящийся клин с наклоном вверх.

2023-08-05 Signal in MACD changed from bullish weakening to bullish recovery. Oscillator MACD is in the positive territory it's higher than the signal line and grows. These factors mean that positive mood prevails. Last signal: entrance to the overbought zone.

2023-08-05 Trend Power changed from slow to .

2023-08-04 Signal in MACD changed from bullish to bullish weakening. Oscillator MACD is in the positive territory it's higher than the signal line and falls. These factors mean that the growing trend persists, but the growth rate is declining. Last signal: entrance to the overbought zone.

2023-08-03 Signal in Stochastic changed from bearish reversal to bullish recovery. The stochastic indicator is in overbought territory and it heading north. These factors indicate that the upside potential still holds even though the market is overbought. Last signal: main and signal line crossing.

2023-08-02 Trend Power changed from to slow.

2023-07-30 Trend pattern changed from восходящий треугольник to канал.

Current temperature: 9.52
ST: 0, Cor:

50-50 Year Forecast
Low with % probability:
Target: 48.43
High with % probability:
Analyst Recommendations:
Number of estimates 4
Target Price Mean 49.75
Mean unverified/preliminary 49.75 / 49.75
Target Price Low / High 47.00 / 53.00
Median / STD DEV 49.50 / 2.75
Tech Forecasts:
More signals
  < 1M 1-3M > 3M
total Buy ActivelyBuy ActivelyBuy
rsi Sell ActivelyBuy ActivelyBuy
macd None None None
stoch None None None
ma20 Sell ActivelyBuy ActivelyBuy
ma50 None None None
ma100 Buy ActivelyBuy None
Candlestick PatternSept. 19, 2024 Hanged Man - is a candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. Considered to be a bearish pattern during an uptrend.
ISIN US5873761044
ceo Mr. Raymond E. Reitsma
Website https://www.mercbank.com
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it offers courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.