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MBWM forms NR7 on July 7

Mercantile Bank Corporation (MBWM) — Nightly Technical Analysis · Jul 7, 2026, 17:42 ET
MBWM closed down 0.91% on Tuesday, July 7th, with volume running 0.2× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 57.13, 56.85 & 56.33, with resistance at 57.92, 58.44 & 58.72.

Current SwingTradeBot Technical Rating of MBWM: A

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Mercantile Bank Corporation (MBWM)