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.O) Moving Averages Convergence Divergence (MACD) indicator is 0.801, suggesting MBWM.O is Strong buy.

Mercantile Bank Corp (MBWM.O) 20-Day simple moving average is 50.02, while Mercantile Bank Corp (MBWM.O) share price is $51.32, making it Buy.

Mercantile Bank Corp (MBWM.O) 60-Day simple moving average is 47.922, while Mercantile Bank Corp (MBWM.O) share price is $51.32, making it Buy.

Technical Analysis for MBWM

Technical Sentiment Analysis for Mercantile Bank Corp (MBWM) As of 2026-01-29, Mercantile Bank Corp (MBWM) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 12 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MBWM stands at 57.47, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.801, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 46.051 and the Commodity Channel Index (CCI) at 55.307 further confirm a 1.6 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBWM is trading above its 60-day moving average of $47.922 and above its 200-day long-term moving average of $46.326. Key price levels to watch include the immediate resistance at $54.257 and strong support at $48.585. A break above $54.257 could signal a bull continuation, while falling below $48.585 may test the next Fibonacci floor at $45.921.

Mercantile Bank Corp (MBWM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	42.913	45.921	48.585	51.593	54.257	57.265	59.929
Fibonacci	45.921	48.088	49.427	51.593	53.76	55.099	57.265

Mercantile Bank Corp (MBWM) Technical Indicators

2026-01-29

Name	Value
RSI_14	57.47
STOCHk_14_3_3	46.051
STOCHd_14_3_3	46.9
CCI_20	55.307
AO_5_34	1.571
MOM_10	1.6
MACD_12_26_9	0.801

Mercantile Bank Corp (MBWM) Relative Strength Index (RSI) is 57.47, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic Oscillator is 46.051, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic RSI is 46.9, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Commodity Channel Index (CCI) is 55.307, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Awesome Oscillator is 1.571, creating a Buy signal.

Mercantile Bank Corp (MBWM) Momentum is 1.6, creating a Buy signal.

Mercantile Bank Corp (MBWM) MACD is 0.801, creating a Buy signal.

Mercantile Bank Corp (MBWM) Moving Average

2026-01-29

Period	Simple	Signal
MA_5	50.858	Buy
MA_10	51.248	Buy
MA_20	50.02	Buy
MA_60	47.922	Buy
MA_200	46.326	Buy
MA_250	46.187	Buy

Mercantile Bank Corp (MBWM) 5-Day simple moving average is 50.858, while Mercantile Bank Corp (MBWM) share price is $51.32, making it a Buy.

Mercantile Bank Corp (MBWM) 10-Day simple moving average is 51.248, while Mercantile Bank Corp (MBWM) share price is $51.32, making it a Buy.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 50.02, while Mercantile Bank Corp (MBWM) share price is $51.32, making it a Buy.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 47.922, while Mercantile Bank Corp (MBWM) share price is $51.32, making it a Buy.

Mercantile Bank Corp (MBWM) 200-Day simple moving average is 46.326, while Mercantile Bank Corp (MBWM) share price is $51.32, making it a Buy.

Mercantile Bank Corp (MBWM) 250-Day simple moving average is 46.187, while Mercantile Bank Corp (MBWM) share price is $51.32, 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 6 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 48.585 and a major resistance level at 54.257. Traders also monitor the pivot point at 51.593 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 57.47. 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 0.801, 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 $51.32, which is above its 200-day simple moving average of 46.326. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.