Technical Analysis for MBIN - Merchants Bancorp

Grade Last Price % Change Price Change
grade C 22.0 -3.80% -0.87
MBIN closed down 3.8 percent on Friday, October 19, 2018, on 67 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MBIN trend table...

Date Alert Name Type % Chg
Oct 19 Stochastic Reached Oversold Weakness 0.00%
Oct 19 Below Lower BB Weakness 0.00%
Oct 19 Down 3 Days in a Row Weakness 0.00%
Oct 19 Lower Bollinger Band Touch Weakness 0.00%
Oct 19 Oversold Stochastic Weakness 0.00%
Oct 18 1,2,3 Retracement Bearish Bearish Swing Setup -3.80%
Oct 18 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -3.80%
Oct 18 Outside Day Range Expansion -3.80%
Oct 18 Oversold Stochastic Weakness -3.80%
Oct 17 Inside Day Range Contraction -6.10%

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.
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 29.15
52 Week Low 16.1868
Average Volume 49,770
200-Day Moving Average 24.2128
50-Day Moving Average 25.852
20-Day Moving Average 24.4295
10-Day Moving Average 23.672
Average True Range 0.9617
ADX 38.3
+DI 7.9821
-DI 31.7533
Chandelier Exit (Long, 3 ATRs ) 25.3449
Chandelier Exit (Short, 3 ATRs ) 24.4851
Upper Bollinger Band 26.6722
Lower Bollinger Band 22.1868
Percent B (%b) -0.04
BandWidth 18.360589
MACD Line -0.9706
MACD Signal Line -0.779
MACD Histogram -0.1916
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.88
Resistance 3 (R3) 25.07 24.29 24.40
Resistance 2 (R2) 24.29 23.56 24.20 24.24
Resistance 1 (R1) 23.15 23.11 22.76 22.96 24.08
Pivot Point 22.37 22.37 22.18 22.28 22.37
Support 1 (S1) 21.23 21.64 20.84 21.04 19.92
Support 2 (S2) 20.45 21.19 20.36 19.76
Support 3 (S3) 19.31 20.45 19.60
Support 4 (S4) 19.12