Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MBWM stands at 49.387, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.332, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 27.748 and the Commodity Channel Index (CCI) at -126.787 further confirm a -1.38 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MBWM is trading above its 60-day moving average of $50.837 and above its 200-day long-term moving average of $47.508. Key price levels to watch include the immediate resistance at $54.985 and strong support at $51.345. A break above $54.985 could signal a bull continuation, while falling below $51.345 may test the next Fibonacci floor at $49.503.

Mercantile Bank Corp (MBWM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	47.705	49.503	51.345	53.143	54.985	56.783	58.625
Fibonacci	49.503	50.893	51.752	53.143	54.533	55.392	56.783

Mercantile Bank Corp (MBWM) Technical Indicators

2026-03-02

Name	Value
RSI_14	49.387
STOCHk_14_3_3	27.748
STOCHd_14_3_3	31.441
CCI_20	-126.787
AO_5_34	0.255
MOM_10	-1.38
MACD_12_26_9	0.332

Mercantile Bank Corp (MBWM) Relative Strength Index (RSI) is 49.387, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic Oscillator is 27.748, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Stochastic RSI is 31.441, creating a Neutral signal.

Mercantile Bank Corp (MBWM) Commodity Channel Index (CCI) is -126.787, creating a Buy signal.

Mercantile Bank Corp (MBWM) Awesome Oscillator is 0.255, creating a Buy signal.

Mercantile Bank Corp (MBWM) Momentum is -1.38, creating a Sell signal.

Mercantile Bank Corp (MBWM) MACD is 0.332, creating a Buy signal.

Mercantile Bank Corp (MBWM) Moving Average

2026-03-02

Period	Simple	Signal
MA_5	52.692	Sell
MA_10	53.188	Sell
MA_20	53.681	Sell
MA_60	50.837	Buy
MA_200	47.508	Buy
MA_250	46.597	Buy

Mercantile Bank Corp (MBWM) 5-Day simple moving average is 52.692, while Mercantile Bank Corp (MBWM) share price is $52.54, making it a Sell.

Mercantile Bank Corp (MBWM) 10-Day simple moving average is 53.188, while Mercantile Bank Corp (MBWM) share price is $52.54, making it a Sell.

Mercantile Bank Corp (MBWM) 20-Day simple moving average is 53.681, while Mercantile Bank Corp (MBWM) share price is $52.54, making it a Sell.

Mercantile Bank Corp (MBWM) 60-Day simple moving average is 50.837, while Mercantile Bank Corp (MBWM) share price is $52.54, making it a Buy.

Mercantile Bank Corp (MBWM) 200-Day simple moving average is 47.508, while Mercantile Bank Corp (MBWM) share price is $52.54, making it a Buy.

Mercantile Bank Corp (MBWM) 250-Day simple moving average is 46.597, while Mercantile Bank Corp (MBWM) share price is $52.54, 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 Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 1 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 51.345 and a major resistance level at 54.985. Traders also monitor the pivot point at 53.143 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 49.387. 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 0.332, suggesting MBWM is 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 $52.54, which is above its 200-day simple moving average of 47.508. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

MBWM Technical

MBWM Technical

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Overall Consensus

Technical Analysis Consensus

Moving Average Consensus

Technical Analysis for MBWM