Is Mercantile Bank Corp. technically bullish or bearish?

As of 3 October 2025, the technical trend for Mercantile Bank Corp. has changed from mildly bearish to sideways. The current stance is neutral, with mixed indicators influencing this position. The weekly MACD and KST are both mildly bearish, while the monthly Bollinger Bands and Dow Theory show a mildly bullish outlook. The daily moving averages indicate a mildly bullish trend.
In terms of performance, the stock has underperformed the S&P 500 over the last week and month, with returns of -1.99% and -7.84% compared to the S&P 500's gains of 1.09% and 4.15%, respectively. However, it has shown stronger returns over the longer term, with a 5-year return of 129.03% versus the S&P 500's 100.56%.