MERCANBANK
Mercantile Bank PLC. · Bank · Cat Z56/100
Mixed
৳7.60
Score breakdown
Technical read
RSI (14)58.3
MACDbullish
Bollingerinside bands (+1.4σ)
Price cycle (Wyckoff)
Health trenddeteriorating
Flow pressureaccumulation
Valuation
Fair value8.8 (6.2-11.4)
Upside+16.00%
Dividend yield+13.00%
Fundamental verdictWATCH
ConfidenceLOW (re-rate ceiling, not target)
Levels
Resistance
৳7.7
৳8
৳8.3
৳8.6
Support
৳7.5
৳7.2
৳6.7
৳6.1
Historical bounce zones
Jan 29, 2024: ৳12→৳13.9 +16%
May 27, 2024: ৳8.7→৳10.5 +21%
Jul 24, 2024: ৳9.6→৳12.9 +34%
Jun 1, 2025: ৳7.5→৳9.4 +25%
Jul 28, 2025: ৳8.3→৳10.9 +31%
Nov 16, 2025: ৳6.7→৳8.6 +28%
Dec 28, 2025: ৳7.3→৳9.3 +27%
May 3, 2026: ৳6.1→৳8.3 +36%
Historical outlook
Based on how similar setups behaved historically — not a prediction of what will happen.
10-day 40% vs 40% market avg Typical move: -4.7% / -1% / 3.9%
30-day 31% vs 42% market avg Typical move: -8.3% / -1.5% / 7%
Signals: Bullish Harami
Reference levels
Descriptive reference points from the analysis — not instructions to buy or sell.
Entry readdip to 7.4–7.4
Reference stopclose<7.2 (buffer)
Reference targetride/trail; ref 8.8
Timing notebuy dips Jun-Aug; trim Sep-Oct; hold+trail
Organic (score 106) — clean price history; historically holds its uptrend above the 50-day average. Real earnings. Z-cat. [fundamentals WATCH, payout 91.0%, yield 13.0%]
Market activity
Insider activity (disclosed)
Buy 0 / Sell 0 in the last 90 days.