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 -0.544, suggesting MBWM is Neutral.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 50.13, while Mercantile Bank Corp (MBWM) share price is $51.09, making it Buy.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 51.423, while Mercantile Bank Corp (MBWM) share price is $51.09, making it Sell.

Technical Analysis for MBWM

Technical Sentiment Analysis for Mercantile Bank Corp (MBWM) As of 2026-03-31, Mercantile Bank Corp (MBWM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 7 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MBWM stands at 49.478, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.544, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 52.295 and the Commodity Channel Index (CCI) at 39.642 further confirm a 0.79 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBWM is trading above its 60-day moving average of $51.423 and above its 200-day long-term moving average of $48.084. Key price levels to watch include the immediate resistance at $51.188 and strong support at $48.428. A break above $51.188 could signal a bull continuation, while falling below $48.428 may test the next Fibonacci floor at $47.089.

Mercantile Bank Corp (MBWM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	45.668	47.089	48.428	49.849	51.188	52.609	53.948
Fibonacci	47.089	48.143	48.795	49.849	50.903	51.555	52.609

Mercantile Bank Corp (MBWM) Technical Indicators

2026-03-31

Name	Value
RSI_14	49.478
STOCHk_14_3_3	52.295
STOCHd_14_3_3	44.986
CCI_20	39.642
AO_5_34	-1.607
MOM_10	0.79
MACD_12_26_9	-0.544

Mercantile Bank Corp (MBWM) Relative Strength Index (RSI) is 49.478, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic Oscillator is 52.295, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic RSI is 44.986, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Commodity Channel Index (CCI) is 39.642, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Awesome Oscillator is -1.607, creating a Sell signal.

Mercantile Bank Corp (MBWM) Momentum is 0.79, creating a Buy signal.

Mercantile Bank Corp (MBWM) MACD is -0.544, creating a Sell signal.

Mercantile Bank Corp (MBWM) Moving Average

2026-03-31

Period	Simple	Signal
MA_5	49.789	Buy
MA_10	49.767	Buy
MA_20	50.13	Buy
MA_60	51.423	Sell
MA_200	48.084	Buy
MA_250	47.068	Buy

Mercantile Bank Corp (MBWM) 5-Day simple moving average is 49.789, while Mercantile Bank Corp (MBWM) share price is $51.09, making it a Buy.

Mercantile Bank Corp (MBWM) 10-Day simple moving average is 49.767, while Mercantile Bank Corp (MBWM) share price is $51.09, making it a Buy.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 50.13, while Mercantile Bank Corp (MBWM) share price is $51.09, making it a Buy.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 51.423, while Mercantile Bank Corp (MBWM) share price is $51.09, making it a Sell.

Mercantile Bank Corp (MBWM) 200-Day simple moving average is 48.084, while Mercantile Bank Corp (MBWM) share price is $51.09, making it a Buy.

Mercantile Bank Corp (MBWM) 250-Day simple moving average is 47.068, while Mercantile Bank Corp (MBWM) share price is $51.09, 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 Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 5 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 48.428 and a major resistance level at 51.188. Traders also monitor the pivot point at 49.849 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 49.478. 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 -0.544, suggesting MBWM is Neutral. 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 $51.09, which is above its 200-day simple moving average of 48.084. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.