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NR7 appears for MBWM after 0.9% move

Mercantile Bank Corporation (MBWM) — Nightly Technical Analysis · Jul 7, 2026, 19:56 ET
MBWM finished lower by 0.9% on Tuesday, July 7th, trading 0.7 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 57.13, 56.84 & 56.32, with resistance at 57.93, 58.45 & 58.74.

Current SwingTradeBot Technical Rating of MBWM: A

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Mercantile Bank Corporation (MBWM)