Is Mercantile Bank Corp. technically bullish or bearish?

Oct 07 2025 12:11 PM IST
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As of October 3, 2025, Mercantile Bank Corp. shows a neutral trend with mixed signals, indicating a cautious approach, as it has returned 1.83% over the past week but -6.04% over the past month, underperforming the S&P 500.
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 MACD shows a mildly bearish trend on both weekly and monthly time frames, while the Bollinger Bands indicate a bearish weekly outlook but a mildly bullish monthly perspective. Moving averages are mildly bullish on a daily basis. The Dow Theory reflects a mildly bearish weekly trend but a mildly bullish monthly trend.

In terms of performance, the stock has returned 1.83% over the past week, outperforming the S&P 500's 1.09%, but it has underperformed over the longer term, with a 1-month return of -6.04% compared to the S&P 500's 4.15%. Overall, the mixed signals suggest a cautious approach.
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