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 -0.494, suggesting MBWM is Sell.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 52.548, while Mercantile Bank Corp (MBWM) share price is $49.95, making it Sell.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 51.228, while Mercantile Bank Corp (MBWM) share price is $49.95, making it Sell.

Technical Analysis for MBWM

Technical Sentiment Analysis for Mercantile Bank Corp (MBWM) As of 2026-03-11, Mercantile Bank Corp (MBWM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MBWM stands at 36.536, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.494, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 27.311 and the Commodity Channel Index (CCI) at -146.677 further confirm a -3.62 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBWM is trading above its 60-day moving average of $51.228 and above its 200-day long-term moving average of $47.703. Key price levels to watch include the immediate resistance at $54.618 and strong support at $48.358. A break above $54.618 could signal a bull continuation, while falling below $48.358 may test the next Fibonacci floor at $45.199.

Mercantile Bank Corp (MBWM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	42.098	45.199	48.358	51.459	54.618	57.719	60.878
Fibonacci	45.199	47.59	49.068	51.459	53.85	55.328	57.719

Mercantile Bank Corp (MBWM) Technical Indicators

2026-03-11

Name	Value
RSI_14	36.536
STOCHk_14_3_3	27.311
STOCHd_14_3_3	27.93
CCI_20	-146.677
AO_5_34	-2.437
MOM_10	-3.62
MACD_12_26_9	-0.494

Mercantile Bank Corp (MBWM) Relative Strength Index (RSI) is 36.536, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic Oscillator is 27.311, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic RSI is 27.93, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Commodity Channel Index (CCI) is -146.677, creating a Buy signal.

Mercantile Bank Corp (MBWM) Awesome Oscillator is -2.437, creating a Sell signal.

Mercantile Bank Corp (MBWM) Momentum is -3.62, creating a Sell signal.

Mercantile Bank Corp (MBWM) MACD is -0.494, creating a Sell signal.

Mercantile Bank Corp (MBWM) Moving Average

2026-03-11

Period	Simple	Signal
MA_5	50.495	Sell
MA_10	51.517	Sell
MA_20	52.548	Sell
MA_60	51.228	Sell
MA_200	47.703	Buy
MA_250	46.765	Buy

Mercantile Bank Corp (MBWM) 5-Day simple moving average is 50.495, while Mercantile Bank Corp (MBWM) share price is $49.95, making it a Sell.

Mercantile Bank Corp (MBWM) 10-Day simple moving average is 51.517, while Mercantile Bank Corp (MBWM) share price is $49.95, making it a Sell.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 52.548, while Mercantile Bank Corp (MBWM) share price is $49.95, making it a Sell.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 51.228, while Mercantile Bank Corp (MBWM) share price is $49.95, making it a Sell.

Mercantile Bank Corp (MBWM) 200-Day simple moving average is 47.703, while Mercantile Bank Corp (MBWM) share price is $49.95, making it a Buy.

Mercantile Bank Corp (MBWM) 250-Day simple moving average is 46.765, while Mercantile Bank Corp (MBWM) share price is $49.95, 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 Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 3 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 48.358 and a major resistance level at 54.618. Traders also monitor the pivot point at 51.459 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 36.536. 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 -0.494, suggesting MBWM is Sell. 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 $49.95, which is above its 200-day simple moving average of 47.703. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.