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(Mercator) Mercator complete technical analysis [charts+indicators] | Buy/Sell Mercator | (Mercator) share price targets

Complete technical analysis of Mercator (Mercator) by charts plus indicators, forecast predictions and share price targets for Mercator (Mercator)

10 day averaged volume of Mercator is 162118

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 0.99 0.99 1.03 0.96 1.12 times
06 Mon Feb 2023 1.01 1.00 1.04 0.98 0.918 times
03 Fri Feb 2023 1.02 1.04 1.04 1.01 0.335 times
02 Thu Feb 2023 1.04 1.05 1.09 1.02 1.427 times
01 Wed Feb 2023 1.07 1.10 1.11 1.05 0.656 times
31 Tue Jan 2023 1.08 1.10 1.10 1.06 0.708 times
30 Mon Jan 2023 1.08 1.06 1.11 1.06 0.254 times
27 Fri Jan 2023 1.11 1.08 1.13 1.08 1.356 times
25 Wed Jan 2023 1.12 1.09 1.13 1.06 2.21 times
24 Tue Jan 2023 1.09 1.01 1.09 1.00 1.775 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1, for a target of 1 or 1.06

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 0.96
Upside Target 1.00
Upside Target 1.08
Upside Target 1.09
Upside Target 1.11
Upside Target 1.13
Upside Target 1.15
Upside Target 1.22
Upside Target 1.28
Upside Target 1.35

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 0.95
Downside Intraday Target 0.92
Upside Intraday Target 1.03
Upside Intraday Target 1.08
Upside Intraday Target 1

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 0.99 1.00 1.04 0.96 0.603 times
03 Fri Feb 2023 1.02 1.06 1.11 1.01 0.593 times
27 Fri Jan 2023 1.11 1.04 1.13 1.00 1.785 times
20 Fri Jan 2023 1.04 1.06 1.08 1.01 0.919 times
13 Fri Jan 2023 1.08 1.09 1.09 1.05 0.666 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mercator (Mercator)

Date Monthly Closing Price Open High Low Volume
07 Tue Feb 2023 0.99 1.10 1.11 0.96 0.24 times
31 Tue Jan 2023 1.08 1.13 1.15 1.00 0.757 times
30 Fri Dec 2022 1.13 1.14 1.35 1.03 1.144 times
30 Wed Nov 2022 1.14 1.10 1.22 1.05 1.376 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mercator (Mercator)

Indicator Name Indicator Value Indicator Signal
ADX 71, 71, 0 Sell
MACD -0, -0Buy
Stochastics 18Sell
CCI -138Sell
RSI 50Buy
OBV -737779Sell
VWAP 1Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) 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 Mercator ( (Mercator) ) 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 Mercator ( (Mercator) ) 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 Mercator ( (Mercator) ) 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 Mercator stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mercator in short term but the buy signal is initial and weak.

Mercator 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mercator 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 Mercator is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.07 and Mercator (Mercator) 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 Mercator (Mercator) stock. Volume based technical analysis of Mercator (Mercator) stock is negative.

Mercator 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.

Click here for Mercator charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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