(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 4242
|02 Thu Feb 2023||17.80||18.70||19.00||17.55||0.009 Mn|
|27 Fri Jan 2023||18.65||18.95||19.60||17.65||0.029 Mn|
|20 Fri Jan 2023||17.85||19.00||19.00||17.30||0.014 Mn|
|13 Fri Jan 2023||18.60||18.20||20.00||17.70||0.033 Mn|
|06 Fri Jan 2023||18.20||18.30||18.45||17.25||0.018 Mn|
|30 Fri Dec 2022||17.75||18.70||18.80||17.15||0.023 Mn|
|23 Fri Dec 2022||17.10||19.20||20.80||16.25||0.017 Mn|
|16 Fri Dec 2022||19.20||19.85||20.00||18.35||0.015 Mn|
|09 Fri Dec 2022||19.85||18.80||20.20||18.60||0.014 Mn|
|02 Fri Dec 2022||19.15||19.55||20.50||18.40||0.022 Mn|
Indicators analysis of Mercantile (Mercantile)
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 SELL signal for Mercantile in short term and the sell signal is strong.
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 red color and prices are below 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 SELL signal in short term and selling is picking up 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 18.44 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||14, 13, 6||Buy|