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Stock Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Merchants Bancorp (NASDAQ:MBIN)

Long-Term Downtrend (-90) - MBIN is in a strong downtrend that is likely to continue. While MBIN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MBIN?

MarketClub looks at technical strength and momentum to determine if the timing is right for MBIN.

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NASDAQ_MBIN
Open High Low MBIN Price Change
38.00 38.14 37.03 37.71 -0.41
Entry Signal

MarketClub’s Trade Triangles for MBIN

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 38.140

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 40.795

short term down The short-term trend has been DOWN since Apr 3rd, 2024 at 41.395

Smart Scan Analysis for MBIN

Based on our trend formula, MBIN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MBIN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.00 38.14 37.03 37.71 -0.41
Prev. Close Volume Bid Ask Time
37.71 140426 2024-04-16 15:59:33
Year High29.15Year High Date2018-06-12
Year Low19.55Year Low Date2018-01-03
52wk High48.6852wk High Date2024-01-30
52wk Low21.552wk Low Date2023-05-04
Average Volume127,309Shares Outstanding43,331
Market Cap492MAssets169,525,160M
Liabilities152,514,320MP/E Ratio6.7589
Volatility39.62
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