(Mercantile) Mercantile Monthly charts technical analysis
(Mercantile) Mercantile Monthly charts technical analysis Monthly analysis of Mercantile | Buy/Sell Mercantile
10 day averaged volume of Mercantile is 3162
|25 Mon Oct 2021||15.65||16.90||18.50||14.05||0.057 Mn|
|30 Thu Sep 2021||16.82||14.90||18.50||13.20||0.103 Mn|
|31 Tue Aug 2021||14.90||17.00||18.50||13.05||0.102 Mn|
|30 Fri Jul 2021||16.85||19.40||20.00||16.05||0.132 Mn|
|30 Wed Jun 2021||18.50||17.95||21.00||15.00||0.237 Mn|
|31 Mon May 2021||17.60||13.25||20.50||13.25||0.195 Mn|
|30 Fri Apr 2021||15.17||12.70||18.15||12.50||0.095 Mn|
|31 Wed Mar 2021||12.94||12.50||14.22||11.60||0.057 Mn|
|26 Fri Feb 2021||13.25||13.26||14.50||11.65||0.121 Mn|
|29 Fri Jan 2021||14.39||14.65||16.50||13.25||0.147 Mn|
Indicators analysis of Mercantile (Mercantile)
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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 16.12 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock is giving positive 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.
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||21, 9, 39||Buy|