Is Mercantile Bank Corp. technically bullish or bearish?

Sep 20 2025 07:14 PM IST
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As of September 2, 2025, Mercantile Bank Corp. shows a mildly bullish trend with mixed signals across time frames, as the stock has returned 8.54% year-to-date, underperforming the S&P 500's 12.22%.
As of 2 September 2025, the technical trend for Mercantile Bank Corp. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages are bullish, supporting a positive short-term outlook. However, the weekly Dow Theory shows a mildly bearish stance, and the KST is bullish on a weekly basis but mildly bearish monthly. The Bollinger Bands are bullish weekly and mildly bullish monthly, suggesting some upward momentum.

In terms of performance, the stock has returned 8.54% year-to-date, which is below the S&P 500's 12.22% return, and over the past year, it has gained 6.67% compared to the S&P 500's 17.14%. Overall, the current technical stance is mildly bullish, with key indicators showing mixed signals across different time frames.
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Our weekly and monthly stock recommendations are here
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