MBWM Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Mercantile Bank Corp (MBWM) Moving Averages Convergence Divergence (MACD) indicator is 1.401, suggesting MBWM is Strong Buy.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 55.526, while Mercantile Bank Corp (MBWM) share price is $57.41, making it Buy.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 53.135, while Mercantile Bank Corp (MBWM) share price is $57.41, making it Buy.

Technical Analysis for MBWM

Technical Sentiment Analysis for Mercantile Bank Corp (MBWM) As of 2026-07-07, Mercantile Bank Corp (MBWM) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MBWM stands at 62.343, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.401, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.528 and the Commodity Channel Index (CCI) at 99.35 further confirm a 3.45 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBWM is trading above its 60-day moving average of $53.135 and above its 200-day long-term moving average of $50.01. Key price levels to watch include the immediate resistance at $60.263 and strong support at $53.323. A break above $60.263 could signal a bull continuation, while falling below $53.323 may test the next Fibonacci floor at $49.577.

Mercantile Bank Corp (MBWM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	46.383	49.577	53.323	56.517	60.263	63.457	67.203
Fibonacci	49.577	52.228	53.866	56.517	59.168	60.806	63.457

Mercantile Bank Corp (MBWM) Technical Indicators

2026-07-07

Name	Value
RSI_14	62.343
STOCHk_14_3_3	73.528
STOCHd_14_3_3	82.329
CCI_20	99.35
AO_5_34	3.622
MOM_10	3.45
MACD_12_26_9	1.401

Mercantile Bank Corp (MBWM) Relative Strength Index (RSI) is 62.343, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic Oscillator is 73.528, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic RSI is 82.329, creating a Sell signal.

Mercantile Bank Corp (MBWM) Commodity Channel Index (CCI) is 99.35, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Awesome Oscillator is 3.622, creating a Buy signal.

Mercantile Bank Corp (MBWM) Momentum is 3.45, creating a Buy signal.

Mercantile Bank Corp (MBWM) MACD is 1.401, creating a Buy signal.

Mercantile Bank Corp (MBWM) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	57.894	Sell
MA_10	57.07	Buy
MA_20	55.526	Buy
MA_60	53.135	Buy
MA_200	50.01	Buy
MA_250	49.527	Buy

Mercantile Bank Corp (MBWM) 5-Day simple moving average is 57.894, while Mercantile Bank Corp (MBWM) share price is $57.41, making it a Sell.

Mercantile Bank Corp (MBWM) 10-Day simple moving average is 57.07, while Mercantile Bank Corp (MBWM) share price is $57.41, making it a Buy.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 55.526, while Mercantile Bank Corp (MBWM) share price is $57.41, making it a Buy.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 53.135, while Mercantile Bank Corp (MBWM) share price is $57.41, making it a Buy.

Mercantile Bank Corp (MBWM) 200-Day simple moving average is 50.01, while Mercantile Bank Corp (MBWM) share price is $57.41, making it a Buy.

Mercantile Bank Corp (MBWM) 250-Day simple moving average is 49.527, while Mercantile Bank Corp (MBWM) share price is $57.41, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for MBWM?

The overall technical consensus for Mercantile Bank Corp (MBWM) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 1 sell signals.

What are the key support and resistance levels for Mercantile Bank Corp (MBWM) today?

Based on pivot point calculations, Mercantile Bank Corp (MBWM) has an immediate support level at 53.323 and a major resistance level at 60.263. Traders also monitor the pivot point at 56.517 to determine the intraday trend direction.

Is Mercantile Bank Corp (MBWM) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Mercantile Bank Corp (MBWM) is currently 62.343. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Mercantile Bank Corp (MBWM)?

Mercantile Bank Corp (MBWM) Moving Averages Convergence Divergence (MACD) indicator is 1.401, suggesting MBWM is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Mercantile Bank Corp.

How is Mercantile Bank Corp (MBWM) performing relative to its 200-day moving average?

Mercantile Bank Corp (MBWM) is currently trading at $57.41, which is above its 200-day simple moving average of 50.01. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

46.383

49.577

53.323

56.517

60.263

63.457

67.203

Fibonacci

49.577

52.228

53.866

56.517

59.168

60.806

63.457

Name

Value

RSI_14

62.343

STOCHk_14_3_3

73.528

STOCHd_14_3_3

82.329

CCI_20

99.35

AO_5_34

3.622

MOM_10

3.45

MACD_12_26_9

1.401

Period

Simple

Signal

MA_5

57.894

Sell

MA_10

57.07

Buy

MA_20

55.526

Buy

MA_60

53.135

Buy

MA_200

50.01

Buy

MA_250

49.527

Buy

Frequently Asked Questions