Technical Analysis for MBIN - Merchants Bancorp

Grade Last Price % Change Price Change
grade D 15.87 -0.31% -0.05
MBIN closed down 0.31 percent on Friday, October 18, 2019, on approximately normal volume. It ran into resistance at its 50 day moving average. 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.

Earnings due: Oct 28

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Flat
See historical MBIN trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Outside Day Range Expansion 0.00%
MACD Bullish Signal Line Cross Bullish -0.31%
20 DMA Resistance Bearish -0.19%
Outside Day Range Expansion -0.19%
Narrow Range Bar Range Contraction -0.69%
NR7 Range Contraction -0.69%
Inside Day Range Contraction -0.69%

Older signals for MBIN ...

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Profile
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.
Bank Real Estate Mortgage Loan Loans Financial Products Bank Of America Home Loans Banks Mortgage Healthcare Facilities Mortgage Bank Mortgage Broker Community Banking Consumer Loan Products Loan Servicing Healthcare Facility Financing Residential Mortgage Banking
Is MBIN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.43
52 Week Low 14.64
Average Volume 44,294
200-Day Moving Average 19.0242
50-Day Moving Average 16.1502
20-Day Moving Average 16.06
10-Day Moving Average 15.802
Average True Range 0.605
ADX 12.05
+DI 15.082
-DI 15.5862
Chandelier Exit (Long, 3 ATRs ) 15.405
Chandelier Exit (Short, 3 ATRs ) 17.0721
Upper Bollinger Band 16.8004
Lower Bollinger Band 15.3196
Percent B (%b) 0.37
BandWidth 9.220423
MACD Line -0.1447
MACD Signal Line -0.1498
MACD Histogram 0.0052
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.67
Resistance 3 (R3) 16.71 16.48 16.53
Resistance 2 (R2) 16.48 16.28 16.46 16.49
Resistance 1 (R1) 16.17 16.15 16.33 16.14 16.45
Pivot Point 15.95 15.95 16.02 15.93 15.95
Support 1 (S1) 15.64 15.74 15.80 15.60 15.29
Support 2 (S2) 15.42 15.62 15.40 15.25
Support 3 (S3) 15.11 15.42 15.21
Support 4 (S4) 15.07