Is Mercantile Bank Corp. technically bullish or bearish?
As of October 3, 2025, Mercantile Bank Corp. shows a neutral trend with mixed signals, underperforming the S&P 500 in the short term but outperforming it over the past five years.
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 signals across various indicators. The weekly MACD, KST, and OBV are all 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 past week and month, with returns of -1.99% and -7.84% compared to 1.09% and 4.15% for the index, respectively. However, it has outperformed the S&P 500 over the longer term, with a 5-year return of 129.03% versus 100.56% for the benchmark.
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