Mercantile Bank Corp (MBWM) Technical Analysis

$60.210

+0.470 (+0.78%)At close

Technical Sentiment

Overall Consensus

Buy

Sell

Buy

Technical Analysis Consensus

Buy

Sell

Buy

Moving Average Consensus

Strong buy

Sell

Buy

Mercantile Bank Corp (MBWM) Moving Averages Convergence Divergence (MACD) indicator is 0.31, suggesting MBWM is Buy.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 60.69, while Mercantile Bank Corp (MBWM) share price is $—, making it Sell.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 57.97, while Mercantile Bank Corp (MBWM) share price is $—, making it Buy.

Technical Analysis for MBWM

AI Technical MBWM

As of 2026-08-29, the technical board for Mercantile Bank Corp (MBWM) reads buy: 7 indicators are flashing buy, 2 are indicating sell, and 4 are neutral. Price at $60.21 sits below the 20-day moving averages and above the 5-day, 10-day, 60-day and 200-day.

Momentum readings: RSI stands at 52.853, MACD stands at 0.312 (Buy), Stochastic %K stands at 36.226, Stochastic %D stands at 35.053 and CCI stands at -50.561.

MBWM trades above the 60-day SMA (57.97) and above the 200-day SMA (52.75). Immediate resistance sits at Classic R1 61.91, then R2 63.68. Support sits at Classic S1 58.43, then S2 56.72.

Mercantile Bank Corp (MBWM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	54.954	56.722	58.434	60.202	61.914	63.682	65.394
Fibonacci	56.722	58.051	58.873	60.202	61.531	62.352	63.682

Pivot Points

Mercantile Bank Corp (MBWM) Technical Indicators

2026-08-29

Name	Value
RSI_14	52.853
STOCHk_14_3_3	36.226
STOCHd_14_3_3	35.053
CCI_20	-50.561
AO_5_34	0.060
MOM_10	-1.350
MACD_12_26_9	0.312

Mercantile Bank Corp (MBWM) Relative Strength Index (RSI_14) is 52.853, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic %K is 36.226, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic %D is 35.053, creating a Neutral signal.

Mercantile Bank Corp (MBWM) CCI_20 is -50.561, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Awesome Oscillator (AO) is 0.060, creating a Buy signal.

Mercantile Bank Corp (MBWM) Momentum (MOM) is -1.350, creating a Sell signal.

Mercantile Bank Corp (MBWM) Moving Average Convergence Divergence (MACD) is 0.312, creating a Buy signal.

Mercantile Bank Corp (MBWM) Moving Average

2026-08-29

Period	Simple	Signal
MA_5	60.093	Buy
MA_10	60.146	Buy
MA_20	60.691	Sell
MA_60	57.971	Buy
MA_200	52.749	Buy
MA_250	51.365	Buy

Mercantile Bank Corp (MBWM) 5-Day simple moving average is 60.093, while Mercantile Bank Corp (MBWM) share price is $, making it a Buy.

Mercantile Bank Corp (MBWM) 10-Day simple moving average is 60.146, while Mercantile Bank Corp (MBWM) share price is $, making it a Buy.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 60.691, while Mercantile Bank Corp (MBWM) share price is $, making it a Sell.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 57.971, while Mercantile Bank Corp (MBWM) share price is $, making it a Buy.

Mercantile Bank Corp (MBWM) 200-Day simple moving average is 52.749, while Mercantile Bank Corp (MBWM) share price is $, making it a Buy.

Mercantile Bank Corp (MBWM) 250-Day simple moving average is 51.365, while Mercantile Bank Corp (MBWM) share price is $, making it a Buy.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.