MBINM Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM.O) Moving Averages Convergence Divergence (MACD) indicator is -0.01, suggesting MBINM.O is Strong sell.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM.O) 20-Day simple moving average is 25.98, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM.O) share price is $25.6, making it Sell.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM.O) 60-Day simple moving average is 25.94, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM.O) share price is $25.6, making it Sell.

Technical Analysis for MBINM

Technical Sentiment Analysis for Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) As of 2024-10-30, Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 1 indicators are flashing buy, while 11 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MBINM stands at 47.64, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.01, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 31.65 and the Commodity Channel Index (CCI) at -29.62 further confirm a -0.43 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBINM is trading above its 60-day moving average of $25.94 and above its 200-day long-term moving average of $25.65. Key price levels to watch include the immediate resistance at $26.39 and strong support at $25.64. A break above $26.39 could signal a bull continuation, while falling below $25.64 may test the next Fibonacci floor at $25.27.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	24.89	25.27	25.64	26.02	26.39	26.77	27.14
Fibonacci	25.27	25.56	25.73	26.02	26.31	26.48	26.77

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Technical Indicators

2024-10-30

Name	Value
RSI_14	47.64
STOCHk_14_3_3	31.65
STOCHd_14_3_3	37.42
CCI_20	-29.62
AO_5_34	-0.09
MOM_10	-0.43
MACD_12_26_9	-0.01

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Relative Strength Index (RSI) is 47.64, creating a Neutral signal.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Stochastic Oscillator is 31.65, creating a Neutral signal.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Stochastic RSI is 37.42, creating a Neutral signal.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Commodity Channel Index (CCI) is -29.62, creating a Neutral signal.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Awesome Oscillator is -0.09, creating a Sell signal.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Momentum is -0.43, creating a Sell signal.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) MACD is -0.01, creating a Sell signal.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Moving Average

2024-10-30

Period	Simple	Signal
MA_5	25.98	Sell
MA_10	26.01	Sell
MA_20	25.98	Sell
MA_60	25.94	Sell
MA_200	25.65	Sell
MA_250	25.49	Buy

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) 5-Day simple moving average is 25.98, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) share price is $25.6, making it a Sell.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) 10-Day simple moving average is 26.01, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) share price is $25.6, making it a Sell.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) 20-Day simple moving average is 25.98, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) share price is $25.6, making it a Sell.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) 60-Day simple moving average is 25.94, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) share price is $25.6, making it a Sell.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) 200-Day simple moving average is 25.65, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) share price is $25.6, making it a Sell.

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) 250-Day simple moving average is 25.49, while Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) share price is $25.6, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for MBINM?

The overall technical consensus for Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) is currently strong sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 0 buy signals and 6 sell signals.

What are the key support and resistance levels for Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) today?

Based on pivot point calculations, Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) has an immediate support level at 25.64 and a major resistance level at 26.39. Traders also monitor the pivot point at 26.02 to determine the intraday trend direction.

Is Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) is currently 47.64. 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 Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM)?

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) Moving Averages Convergence Divergence (MACD) indicator is -0.01, suggesting MBINM is strong sell. This indicator helps identify potential trend reversals or momentum shifts for Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R.

How is Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM) performing relative to its 200-day moving average?

Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-R (MBINM)is currently trading at $25.6, which is below its 200-day simple moving average of 25.65. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.