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 1.457, suggesting MBWM.O is Strong buy.

Mercantile Bank Corp (MBWM.O) 20-Day simple moving average is 51.606, while Mercantile Bank Corp (MBWM.O) share price is $54.71, making it Buy.

Mercantile Bank Corp (MBWM.O) 60-Day simple moving average is 48.821, while Mercantile Bank Corp (MBWM.O) share price is $54.71, making it Buy.

Technical Analysis for MBWM

Technical Sentiment Analysis for Mercantile Bank Corp (MBWM) As of 2026-02-06, Mercantile Bank Corp (MBWM) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MBWM stands at 68.599, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.457, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.942 and the Commodity Channel Index (CCI) at 132.743 further confirm a 3.59 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBWM is trading above its 60-day moving average of $48.821 and above its 200-day long-term moving average of $46.737. Key price levels to watch include the immediate resistance at $55.651 and strong support at $49.831. A break above $55.651 could signal a bull continuation, while falling below $49.831 may test the next Fibonacci floor at $46.981.

Mercantile Bank Corp (MBWM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	44.011	46.981	49.831	52.801	55.651	58.621	61.471
Fibonacci	46.981	49.204	50.577	52.801	55.024	56.397	58.621

Mercantile Bank Corp (MBWM) Technical Indicators

2026-02-06

Name	Value
RSI_14	68.599
STOCHk_14_3_3	89.942
STOCHd_14_3_3	89.031
CCI_20	132.743
AO_5_34	3.76
MOM_10	3.59
MACD_12_26_9	1.457

Mercantile Bank Corp (MBWM) Relative Strength Index (RSI) is 68.599, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic Oscillator is 89.942, creating a Sell signal.

Mercantile Bank Corp (MBWM) Stochastic RSI is 89.031, creating a Sell signal.

Mercantile Bank Corp (MBWM) Commodity Channel Index (CCI) is 132.743, creating a Sell signal.

Mercantile Bank Corp (MBWM) Awesome Oscillator is 3.76, creating a Buy signal.

Mercantile Bank Corp (MBWM) Momentum is 3.59, creating a Buy signal.

Mercantile Bank Corp (MBWM) MACD is 1.457, creating a Buy signal.

Mercantile Bank Corp (MBWM) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	54.334	Buy
MA_10	52.682	Buy
MA_20	51.606	Buy
MA_60	48.821	Buy
MA_200	46.737	Buy
MA_250	46.303	Buy

Mercantile Bank Corp (MBWM) 5-Day simple moving average is 54.334, while Mercantile Bank Corp (MBWM) share price is $54.71, making it a Buy.

Mercantile Bank Corp (MBWM) 10-Day simple moving average is 52.682, while Mercantile Bank Corp (MBWM) share price is $54.71, making it a Buy.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 51.606, while Mercantile Bank Corp (MBWM) share price is $54.71, making it a Buy.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 48.821, while Mercantile Bank Corp (MBWM) share price is $54.71, making it a Buy.

Mercantile Bank Corp (MBWM) 200-Day simple moving average is 46.737, while Mercantile Bank Corp (MBWM) share price is $54.71, making it a Buy.

Mercantile Bank Corp (MBWM) 250-Day simple moving average is 46.303, while Mercantile Bank Corp (MBWM) share price is $54.71, 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 3 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 49.831 and a major resistance level at 55.651. Traders also monitor the pivot point at 52.801 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 68.599. 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 1.457, 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 $54.71, which is above its 200-day simple moving average of 46.737. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.