(Mercantile) Mercantile ForceIndex charts technical analysis
(Mercantile) Mercantile ForceIndex charts technical analysis ForceIndex analysis of Mercantile | Buy/Sell Mercantile
10 day averaged volume of Mercantile is 2626
| Date | Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 22.33 | 21.28 | 22.33 | 21.28 | 0.002 Mn |
| 18 Thu Apr 2024 | 21.27 | 22.99 | 22.99 | 21.02 | 0.005 Mn |
| 16 Tue Apr 2024 | 22.00 | 21.72 | 22.00 | 21.50 | 0 Mn |
| 15 Mon Apr 2024 | 21.50 | 22.05 | 22.25 | 20.96 | 0.002 Mn |
| 12 Fri Apr 2024 | 22.06 | 22.90 | 22.90 | 22.02 | 0 Mn |
| 10 Wed Apr 2024 | 22.97 | 23.05 | 23.55 | 22.00 | 0.004 Mn |
| 09 Tue Apr 2024 | 23.00 | 23.55 | 23.83 | 21.65 | 0.003 Mn |
| 08 Mon Apr 2024 | 22.77 | 24.29 | 24.29 | 22.05 | 0.002 Mn |
| 05 Fri Apr 2024 | 23.14 | 22.73 | 23.85 | 22.40 | 0.004 Mn |
| 04 Thu Apr 2024 | 22.73 | 23.00 | 23.49 | 22.70 | 0.004 Mn |
Indicators analysis of Mercantile (Mercantile)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mercantile is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.43 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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