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Stock Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

Merchants Bancorp (NASDAQ:MBIN)

Crossroads (+60) - MBIN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MBIN Price Change
24.5400 24.5400 23.8001 24.1600 -0.4500
Entry Signal

MarketClub’s Trade Triangles for MBIN

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 23.76

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2023 at 24.66

short term up The short-term trend has been UP since Jun 2nd, 2023 at 23.53

Smart Scan Analysis for MBIN

Based on our trend formula, MBIN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MBIN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.5400 24.5400 23.8001 24.1600 -0.4500
Prev. Close Volume Bid Ask Time
24.6100 20359 2023-06-05 14:15:31
Year High29.15Year High Date2018-06-12
Year Low19.55Year Low Date2018-01-03
52wk High31.359952wk High Date2023-02-03
52wk Low21.552wk Low Date2023-05-04
Average Volume59,132Shares Outstanding43,234
Market Cap492MAssets142,409,660M
Liabilities127,352,820MP/E Ratio5.4568
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