Technical Analysis for MBIN - Merchants Bancorp

Grade Last Price % Change Price Change
B 46.99 0.34% 0.16
MBIN closed up 0.34 percent on Tuesday, May 7, 2024, on 1.21 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 13 hours ago
Up 2% about 17 hours ago
60 Minute Opening Range Breakout about 17 hours ago
Up 1% about 18 hours ago
Rose Above Previous Day's High about 19 hours ago

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Profile

Merchants Bancorp Description

Merchants Bancorp is a diversified bank holding bank. The Bank operate multiple lines of business with a focus on FHA multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking. The Bank operates in three primary segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans from origination or purchase to sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Bank Loan Mortgage Loan Financial Products Loan Products Mortgage Healthcare Facilities Mortgage Banking Mortgage Broker Mortgage Bank Loan Servicing Community Banking Residential Mortgage Banking Consumer Loan Products Healthcare Facility Healthcare Facility Financing

Is MBIN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 48.5762
52 Week Low 21.9981
Average Volume 135,493
200-Day Moving Average 35.69
50-Day Moving Average 41.46
20-Day Moving Average 40.52
10-Day Moving Average 42.32
Average True Range 1.50
RSI (14) 73.40
ADX 21.88
+DI 45.09
-DI 12.78
Chandelier Exit (Long, 3 ATRs) 43.59
Chandelier Exit (Short, 3 ATRs) 41.54
Upper Bollinger Bands 46.21
Lower Bollinger Band 34.84
Percent B (%b) 1.07
BandWidth 28.05
MACD Line 1.21
MACD Signal Line 0.24
MACD Histogram 0.969
Fundamentals Value
Market Cap 2.03 Billion
Num Shares 43.2 Million
EPS 5.64
Price-to-Earnings (P/E) Ratio 8.33
Price-to-Sales 3.35
Price-to-Book 1.46
Dividend 0.32
Dividend Yield 0.68%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.85
Resistance 3 (R3) 49.02 48.56 48.54
Resistance 2 (R2) 48.56 48.08 48.48 48.44
Resistance 1 (R1) 47.77 47.79 47.55 47.61 48.34
Pivot Point 47.32 47.32 47.20 47.23 47.32
Support 1 (S1) 46.53 46.84 46.30 46.37 45.64
Support 2 (S2) 46.07 46.55 45.99 45.54
Support 3 (S3) 45.29 46.07 45.44
Support 4 (S4) 45.13