MERCHANTS BANCORP ADR REPRESENTIN stock forecast: down to 40.02 USD MBIN stock price prognosis

STOCK

Forecast for Thu 20 Jun 2024 price 39.28

MERCHANTS BANCORP ADR REPRESENTIN stock price forecast for further price development down to -7.49% (time horizon: 1 day) and price target of 40.02 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) MERCHANTS BANCORP ADR REPRESENTIN share price prediction for 2024-06-20 with daily closed price projections

Key Facts

Symbol MBIN 

ISIN US58844R1086 

CUSIP 58844R108

Currency USD

Category State Commercial Banks

Forecast price change %

News sentiment (-0.01)

News <--> Close correlation for next day influence ()

Relative Strength Index (RSI)

Finance numbers

Revenue 453,429,000.0

Earnings per share 7.06

Dividends 0.33

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

We have primarily grown organically, but also through strategic acquisitions. Generally, these loans have 35-year fixed rates with 10-year call protection. Those filings can also be obtained on the SEC's website at www.sec.gov. The FDIC maintains the DIF by assessing depository institutions an insurance premium. Our principal source of funds consists of dividends from Merchants Bank. To date, no reform proposal has been enacted. As such, we strive to conduct our business in a manner that enhances our reputation. However, this emerging growth status will expire as of December 31, 2022, at the latest. Such downgrades could also affect the pricing of funding, when funding is available. We may also be subject to potentially adverse regulatory consequences.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1629019/000155837021002456/0001558370-21-002456.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 6264
A - OSAIC HOLDINGS, INC. 2023-06-30 2430
Parallax Volatility Advisers, L.P. 2022-12-31 30000
MetLife Investment Management, LLC 2022-12-31 8577
MetLife Investment Management, LLC 2022-09-30 9457

Fund ownership list is based on filling form information

Fund name Date Amount Profile
SCHWAB STRATEGIC TRUST 2023-11-30 118343 Long
SCHWAB STRATEGIC TRUST 2023-11-30 13417 Long
MORGAN STANLEY PATHWAY FUNDS 2023-11-30 586 Long
Columbia Funds Series Trust I 2023-11-30 25192 Long
ProShares Trust 2023-11-30 1280 Long

Insider trading for MERCHANTS BANCORP ADR REPRESENTIN

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1719805 O'brien Patrick D. 2023-06-13 BUY Accept Accept Accept Accept
1718506 Rogers Randall D. 2023-11-06 SALE Reject Reject Reject Reject
1718495 Dunlap Michael J. 2023-05-04 BUY Accept Accept Accept Accept
1718356 Dury Michael R. 2023-11-02 BUY Accept Accept Accept Accept
1718348 Petrie Michael F. 2023-11-01 SALE Accept Accept Accept Accept
1753104 Oznick Terry A 2023-05-04 BUY Accept Accept Accept Accept
Assets / Liabilities

Bollinger Bollinger Bands for MERCHANTS BANCORP ADR REPRESENTIN can provide the information where the market is moving based on price information.

MERCHANTS BANCORP ADR REPRESENTIN Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns MERCHANTS BANCORP ADR REPRESENTIN.

On-Balance Volume information for MERCHANTS BANCORP ADR REPRESENTIN. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for MERCHANTS BANCORP ADR REPRESENTIN. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for MERCHANTS BANCORP ADR REPRESENTIN. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for MERCHANTS BANCORP ADR REPRESENTIN. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for MERCHANTS BANCORP ADR REPRESENTIN. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for MERCHANTS BANCORP ADR REPRESENTIN. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for MERCHANTS BANCORP ADR REPRESENTIN. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

Moving Average Crossover

52W High 52W Low Market Cap

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MERCHANTS BANCORP ADR REPRESENTIN on Nasdaq

MERCHANTS BANCORP ADR REPRESENTIN on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 40.02 2024-04-25 10:26
2024-05-22 40.11 2024-04-25 10:26
2024-05-23 40.06 2024-04-25 10:26
2024-05-20 40.26 2024-04-25 10:26
2024-05-21 40.18 2024-04-25 10:26
2024-06-07 39.63 2024-04-25 10:26
2024-06-05 39.71 2024-04-25 10:26
2024-05-27 39.97 2024-04-25 10:26
2024-05-28 39.92 2024-04-25 10:26
2024-05-29 39.88 2024-04-25 10:26
2024-05-30 39.86 2024-04-25 10:26
2024-06-03 39.78 2024-04-25 10:26
2024-06-04 39.75 2024-04-25 10:26
2024-06-10 39.59 2024-04-25 10:26
2024-06-11 39.55 2024-04-25 10:26
2024-05-31 39.82 2024-04-25 10:26
2024-06-06 39.67 2024-04-25 10:26
2024-06-12 39.51 2024-04-25 10:26
2024-06-17 39.39 2024-04-25 10:26
2024-06-18 39.36 2024-04-25 10:26
2024-06-19 39.32 2024-04-25 10:26
2024-06-13 39.47 2024-04-25 10:26
2024-05-07 40.36 2024-04-25 10:26
2024-06-14 39.43 2024-04-25 10:26
2024-06-20 39.28 2024-04-25 10:26
2024-05-08 40.37 2024-04-25 10:26
2024-05-13 40.35 2024-04-25 10:26
2024-05-14 40.38 2024-04-25 10:26
2024-05-15 40.36 2024-04-25 10:26
2024-05-16 40.33 2024-04-25 10:26
2024-05-09 40.33 2024-04-25 10:26
2024-04-26 41.01 2024-04-25 10:26
2024-04-29 40.88 2024-04-25 10:26
2024-05-01 40.78 2024-04-25 10:26
2024-05-17 40.30 2024-04-25 10:26
2024-05-02 40.72 2024-04-25 10:26
2024-05-03 40.54 2024-04-25 10:26
2024-05-06 40.39 2024-04-25 10:26
2024-04-30 40.89 2024-04-25 10:26
2024-05-10 40.30 2024-04-25 10:26

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.