Is Mercantile Bank Corp. technically bullish or bearish?

Oct 12 2025 11:23 AM IST
share
Share Via
As of October 10, 2025, Mercantile Bank Corp. is in a mildly bearish trend, indicated by bearish MACD readings and Bollinger Bands, despite a recent mild bullish signal from daily moving averages, and has underperformed the S&P 500 over the past month with a return of -7.67%.
As of 10 October 2025, the technical trend for Mercantile Bank Corp. has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating bearish momentum, alongside a bearish signal from Bollinger Bands on the weekly chart. The KST and OBV also reflect a mildly bearish outlook on both weekly and monthly time frames. While the daily moving averages show a mildly bullish signal, the overall trend remains bearish due to the prevailing indicators.

In terms of performance, the stock has underperformed the S&P 500 over the past month with a return of -7.67% compared to the S&P 500's 0.31%, although it has outperformed the index over the 1-year and 3-year periods.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Relaxo Footwears Ltd is Rated Sell
34 minutes ago
share
Share Via
Rajapalayam Mills Ltd is Rated Sell
34 minutes ago
share
Share Via
Gokul Refoils and Solvent Ltd is Rated Sell
34 minutes ago
share
Share Via
Steel Exchange India Ltd is Rated Sell
34 minutes ago
share
Share Via
Vinyl Chemicals (I) Ltd is Rated Sell
34 minutes ago
share
Share Via
Tiger Logistics (India) Ltd is Rated Sell
34 minutes ago
share
Share Via