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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 110825

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 1.36 1.44 1.44 1.35 1.828 times
05 Fri Aug 2022 1.42 1.45 1.45 1.35 1.139 times
04 Thu Aug 2022 1.41 1.47 1.47 1.40 0.475 times
03 Wed Aug 2022 1.42 1.42 1.43 1.40 1.227 times
02 Tue Aug 2022 1.37 1.42 1.42 1.36 0.766 times
01 Mon Aug 2022 1.38 1.44 1.44 1.35 0.726 times
30 Sat Jul 2022 1.39 1.44 1.44 1.37 1.604 times
28 Thu Jul 2022 1.41 1.44 1.44 1.38 2.054 times
27 Wed Jul 2022 1.44 1.45 1.47 1.41 1.094 times
26 Tue Jul 2022 1.43 1.48 1.48 1.42 0.582 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.4, but if it comes above 1.4, then a intra day buy could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.3 as target. However if you take a buy trade in stock , then use 1.4 as stoploss and 1.44 as target.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.30
Downside Target 1.35
Upside Target 1.41
Upside Target 1.47
Upside Target 1.50
Upside Target 1.55
Upside Target 1.56
Upside Target 1.73
Upside Target 1.76
Upside Target 1.80
Upside Target 1.92
Upside Target 2.41

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.33
Downside Intraday Target 1.29
Upside Intraday Target 1.42
Upside Intraday Target 1.47
Upside Intraday Target 1.38

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 1.36 1.44 1.44 1.35 0.422 times
05 Fri Aug 2022 1.42 1.44 1.47 1.35 0.764 times
30 Sat Jul 2022 1.39 1.42 1.51 1.37 0.651 times
22 Fri Jul 2022 1.48 1.50 1.56 1.42 2.895 times
15 Fri Jul 2022 1.47 1.55 1.55 1.41 1.122 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
08 Mon Aug 2022 1.36 1.44 1.47 1.35 0.264 times
30 Sat Jul 2022 1.39 1.73 1.73 1.37 0.711 times
30 Thu Jun 2022 1.66 1.78 1.80 1.30 0.778 times
31 Tue May 2022 1.73 1.90 1.92 1.50 0.581 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 50, 50, 0 Sell
MACD -0, -0Buy
Stochastics 28Sell
CCI -103Sell
RSI 54Buy
OBV -689621Sell
VWAP 1Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) 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 Mercator ( (Mercator) ) based on a short term time period is

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mercator is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.4 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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