MBINN 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 Preferred Series C (MBINN.O) Moving Averages Convergence Divergence (MACD) indicator is -0.09, suggesting MBINN.O is Strong sell.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN.O) 20-Day simple moving average is 22.61, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN.O) share price is $20.14, making it Sell.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN.O) 60-Day simple moving average is 23.03, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN.O) share price is $20.14, making it Sell.

Technical Analysis for MBINN

Technical Sentiment Analysis for Merchants Bancorp Depositary Shares Preferred Series C (MBINN) As of 2024-12-03, Merchants Bancorp Depositary Shares Preferred Series C (MBINN) 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 MBINN stands at 47.87, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.09, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.88 and the Commodity Channel Index (CCI) at -3.42 further confirm a 0.85 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBINN is trading above its 60-day moving average of $23.03 and above its 200-day long-term moving average of $21.54. Key price levels to watch include the immediate resistance at $23.13 and strong support at $21.67. A break above $23.13 could signal a bull continuation, while falling below $21.67 may test the next Fibonacci floor at $20.87.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	20.21	20.87	21.67	22.33	23.13	23.79	24.59
Fibonacci	20.87	21.43	21.77	22.33	22.89	23.23	23.79

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Technical Indicators

2024-12-03

Name	Value
RSI_14	47.87
STOCHk_14_3_3	70.88
STOCHd_14_3_3	68.52
CCI_20	-3.42
AO_5_34	-0.17
MOM_10	0.85
MACD_12_26_9	-0.09

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Relative Strength Index (RSI) is 47.87, creating a Neutral signal.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Stochastic Oscillator is 70.88, creating a Neutral signal.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Stochastic RSI is 68.52, creating a Neutral signal.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Commodity Channel Index (CCI) is -3.42, creating a Neutral signal.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Awesome Oscillator is -0.17, creating a Sell signal.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Momentum is 0.85, creating a Buy signal.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) MACD is -0.09, creating a Sell signal.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Moving Average

2024-12-03

Period	Simple	Signal
MA_5	22.75	Sell
MA_10	22.48	Sell
MA_20	22.61	Sell
MA_60	23.03	Sell
MA_200	21.54	Sell
MA_250	21.35	Sell

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) 5-Day simple moving average is 22.75, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN) share price is $20.14, making it a Sell.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) 10-Day simple moving average is 22.48, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN) share price is $20.14, making it a Sell.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) 20-Day simple moving average is 22.61, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN) share price is $20.14, making it a Sell.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) 60-Day simple moving average is 23.03, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN) share price is $20.14, making it a Sell.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) 200-Day simple moving average is 21.54, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN) share price is $20.14, making it a Sell.

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) 250-Day simple moving average is 21.35, while Merchants Bancorp Depositary Shares Preferred Series C (MBINN) share price is $20.14, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for MBINN?

The overall technical consensus for Merchants Bancorp Depositary Shares Preferred Series C (MBINN) is currently strong sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 buy signals and 5 sell signals.

What are the key support and resistance levels for Merchants Bancorp Depositary Shares Preferred Series C (MBINN) today?

Based on pivot point calculations, Merchants Bancorp Depositary Shares Preferred Series C (MBINN) has an immediate support level at 21.67 and a major resistance level at 23.13. Traders also monitor the pivot point at 22.33 to determine the intraday trend direction.

Is Merchants Bancorp Depositary Shares Preferred Series C (MBINN) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Merchants Bancorp Depositary Shares Preferred Series C (MBINN) is currently 47.87. 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 Preferred Series C (MBINN)?

Merchants Bancorp Depositary Shares Preferred Series C (MBINN) Moving Averages Convergence Divergence (MACD) indicator is -0.09, suggesting MBINN is strong sell. This indicator helps identify potential trend reversals or momentum shifts for Merchants Bancorp Depositary Shares Preferred Series C.

How is Merchants Bancorp Depositary Shares Preferred Series C (MBINN) performing relative to its 200-day moving average?

Merchants Bancorp Depositary Shares Preferred Series C (MBINN)is currently trading at $20.14, which is below its 200-day simple moving average of 21.54. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.