(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 4242
|02 Thu Feb 2023||17.80||19.00||19.00||17.55||0.006 Mn|
|31 Tue Jan 2023||18.60||18.30||20.00||17.25||0.097 Mn|
|30 Fri Dec 2022||17.75||18.90||20.80||16.25||0.074 Mn|
|30 Wed Nov 2022||19.05||20.15||21.20||17.25||0.096 Mn|
|31 Mon Oct 2022||19.25||21.00||23.70||17.65||0.046 Mn|
|30 Fri Sep 2022||19.70||17.40||22.75||17.35||0.139 Mn|
|30 Tue Aug 2022||18.00||18.50||20.90||15.55||0.078 Mn|
|29 Fri Jul 2022||18.20||18.50||19.80||15.70||0.064 Mn|
|30 Thu Jun 2022||16.60||20.60||21.75||16.05||0.06 Mn|
|31 Tue May 2022||18.90||22.75||22.75||15.30||0.073 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.58 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.
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 9, 34||Buy|