(Mercantile) Mercantile Weekly charts technical analysis
(Mercantile) Mercantile Weekly charts technical analysis Weekly analysis of Mercantile | Buy/Sell Mercantile
10 day averaged volume of Mercantile is 2884
|20 Fri May 2022||17.80||18.10||19.45||15.55||0.012 Mn|
|13 Fri May 2022||18.30||20.15||20.70||16.75||0.017 Mn|
|06 Fri May 2022||19.75||22.75||22.75||18.35||0.018 Mn|
|29 Fri Apr 2022||21.00||23.00||23.85||19.60||0.026 Mn|
|22 Fri Apr 2022||22.45||20.75||22.90||19.20||0.032 Mn|
|13 Wed Apr 2022||20.30||23.20||23.20||19.40||0.015 Mn|
|08 Fri Apr 2022||21.25||17.90||22.00||17.50||0.025 Mn|
|01 Fri Apr 2022||17.90||17.60||18.75||17.05||0.01 Mn|
|25 Fri Mar 2022||17.95||18.50||19.40||16.90||0.02 Mn|
|17 Thu Mar 2022||18.50||17.85||19.60||17.60||0.02 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 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Mercantile stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 19.94 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 positive
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||15, 18, 8||Sell|